If you are a tax resident in a country with which New Zealand has signed a tax residence agreement or has an arrangement, we will have to disclose some of your account information to the IRD.
Tax Residence: Common Reporting Standard for Automatic Exchange of Information
Under the new Common Reporting Standard (CRS) Legislation, Christian Savings is required to collect a self-certification form from each of our clients. The CRS requires New Zealand Financial Institutions to collect information about customers and their countries/jurisdictions of tax residence. This information is referred to as a customer’s self-certification.
If you are a tax resident in a country with which New Zealand has signed a tax residence agreement or has an arrangement, we will have to disclose some of your account information to the IRD.
You may wish to refer to: The OECD website to determine whether you are a tax resident The IRD website for more information on sharing information and Automatic Exchange of Information (AEOI)
Personal information gathered on tax residency forms will be held securely by Christian Savings and in accordance with any applicable provisions of the Privacy Act 1993. Certain information may be released to the Inland Revenue to comply with tax requirements. You have the right to access your information that we hold at any time and correct it.
