IRD proposes bumping up the top tax rate on investment income to 45%

The tax authority is planning a number of changes to the taxing of investment income including monthly reporting and raising the top tax rate. With special feature audio.

Jenny Ruth
Tue, 12 Jul 2016

The tax authority is planning a number of changes to the rule on investment income including raising the top tax rate for those failing to provide IRD numbers to 45%

That’s compared to the current top tax rate of 33%, the same as the top income tax rate, or, in the case of portfolio investment

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