Articles by John Rowe
This brings us to an important point if you earn income in multiple tax jurisdictions: you must consider cross border tax issues, which means you will need to file a tax return both in your country of residence and the other tax jurisdiction(s). In some cases, this means you could be taxed twice on the same income, unless New Zealand has a double tax agreement (DTA) with the other country. Currently New Zealand has DTAs with a number of countries, including Australia, the UK, Singapore and USA. You can find a full list of countries with which NZ has a double tax agreement here.Obviously not all countries have the same tax rules, and tax paid in one jurisdiction may be more or less than what is required to be paid on the same amount of income in the other country. If the countries involved have a DTA, tax paid in one country is offset against the tax obligations of the other country as a tax credit, and only the difference needs to be paid.
Hello Matthew, I am just wishing you the best of success with your excellent book Property 101. It is very rare that I come across a book on real estate that is in the league of other financial securties writer's. Thank you for taking the time and more importantly writing about real estate in a easy to read manner. I am still learning after 30 years in real estate. I am also a true contrarian like yourself and have learned this art from my favourite contrarian, Jim Rodgers (Former Quantum Fund). I have been preaching this to our Investor net work and corporate clients for some time, but most find it very hard to-do. Thanks again! Kind Regards, - Chris Kerr - The New Kids On The Block Pty Limited - October 2015
If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.
Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.