New Zealand and United States Tax Consultants

Chartered Accountants

Important Notice

Our office will reopen Monday 18 May 2020.

We ask our clients to contact us before visiting, as we will have check-in procedures in place to ensure the safety of our team.

As always, our team is available from 8:00 till 16:30, Monday to Friday via phone and email.

Responsive. Engaging. Resolving.

Don’t gamble when it comes to your taxes – call us today.

Whatever your tax issue, we will resolve it.

We have relocated back to the Citigroup Centre at 23 Customs St East, Auckland.

Our offices are open: Mon – Fri 0800 – 1800

Work with us and enjoy the NZ US tax difference: experience, expertise, excellence.

OUR SERVICES

There is no better time to work with us. Contact us today: +64 9 5255931.

5 REASONS TO WORK WITH US

ARTICLES

Pre-migration planning for US citizens

May 14, 2020

By Gina Gatchell, Director Some of the less well-known tax issues Individuals with US citizenship (US individuals) encounter when they move to New Zealand can be mitigated with effective tax planning, ideally prior to migration. The complexities from being dual...

Light at the End of the Tunnel

Mar 5, 2020

IRS Announces Tax Relief for US Persons with Certain Foreign Retirement and Non-Retirement Accounts.

The Foreign Account Tax Compliance Act – FATCA explained

Mar 2, 2019

In 2010 I received a call from a very upset US citizen about the enactment of the Foreign Account Tax Compliance Act.

She sent me the article she had just read, which set out the future of information reporting by institutions outside the United States to the US government.

If your tax situation is complex and involves multi-jurisdiction tax law, foreign tax and currency regulations, and potential gray areas, then you need a specialised tax service. One that offers you access to strategic tax advice. Our experts can make judgment calls based on extensive experience.

Auckland-based NZ US Tax Specialists Ltd is a boutique Tax Advisory and Accountancy firm, providing international tax services to

United States citizens living in New Zealand who have personal or corporate tax obligations in the US,
New Zealand citizens based in the United States who have personal or corporate tax obligations in New Zealand,
Organizations that have multi-jurisdiction tax requirements and obligations, and
High net worth individuals (HNWI) who require tax expertise.

Q & A with our Experts

Q

We purchased our home in New Zealand and have just sold it and repaid our mortgage. With respect to the repayment of the mortgage are there any US tax implications we need to be concerned about?

A

No. Whilst certain foreign currency-denominated debt instruments are subject to Internal Revenue Code provisions requiring foreign currency gain and/or losses to be recognized as ordinary income, the disposition of a foreign financial instrument by an individual, provided the instrument was acquired for personal use, will not give rise to recognizable foreign currency gain or loss on disposition.

LATEST NEWS

We are back on deck and it’s full steam ahead!

May 18, 2020

Our office has reopened as of 18 May, 2020. We would again like to acknowledge our clients, staff and suppliers for their support during this unprecedented era. If you would like to make an appointment to see one of our team, please contact us. Economic Impact Payment...

Further tax relief for the Shakey Isles

May 5, 2020

by Gina Gatchell, Director On 30 April 2020 the second major round of COVID-19-related tax relief was expedited through Parliament. The COVID-19 Response (Taxation and Other Regulatory Urgent Measures) Bill passed through all readings on 30 April 2020. It is referred...

FAQs About Economic Impact Payments

Apr 24, 2020

We have been closely monitoring IRS information being released about the economic impact payments. Here's what you want to know: Q: How will I receive the payment?A: If you have filed a 2018 or 2019 US tax return, the IRS will review whether any US bank account...

What our Clients Say

Kiwis with US-sourced income and Yankees resident or working in New Zealand have a lot in common: dual taxation. The two countries’ taxation systems are quite dissimilar and that which is taxable in one jurisdiction may or not be in the other – to say nothing of foreign bank reporting requirements. Anyone who has faced these issues knows that working with and through them successfully is not for the faint-hearted. Happily, this is the space in which NZ-US Tax Specialists thrives. Their personal service is unmatched in my New Zealand experience, and their knowledge, far-sightedness, and thoroughly professional approach to clients’ needs give me cause to recommend them unreservedly.

Dr WE Dunn, Takapuna. 1 May 2019

RECOMMENDATIONS

Our premium service is tailored to individuals, families, trusts and organizations that expect and appreciate highly personalised, discreet and professional tax services. These services are delivered by specialists who are technically competent in New Zealand and US tax law and financial regulations.

We offer three major categories of tax accounting and advisory services. All delivered by fully qualified, experienced in-house professionals:

New Zealand tax return preparation and filing
US tax return preparation and filing
International taxation advice

Clients who use both our NZ and US tax services benefit from our holistic approach to tax law compliance. However, we can tailor our service offering to meet your needs, attending to all your requirements personally since we never outsource.

Our strategies will reduce or limit the impact of taxes on your income, assets and investments while remaining fully compliant with tax law and financial regulations.

ABOUT US