I know that earning up to 80,000US while in NZ means i do not have to pay any US taxes. However I have a new venture. A web business based in the US, I want to keep the money in the US and live off of that in NZ. I assume there is a dual tax agreement so i will not be taxed twice. If I am taxed in the US how much money can i then bring over to NZ without NZ taxing me? For example can I bring over 50,000NZ a year 80,000NZ? That's if it has already been taxed in the US.. Thanks!!
You should consult a tax professional in NZ for the specifics. I would assume that if you pay all the taxes due in the US, you shouldn't have to pay anything over there. INCOME tax should be paid where you make the income, which is a business in the states. NZ shouldn't be able to tough it. |
