Film

Events, sportspersons and entertainers tax issues

The eventer’s entity

  • Entity choice and establishment – local company or NZ branch or LP – home country (foreign) tax considerations
  • Assistance with design, set up, registration, NZ bank account (on-boarding), secretarial, NZ director
  • Funding arrangements – what is best and what to avoid
  • Tax registrations across all tax types and balance date alignment
  • NZ Goods and Services Tax (GST) – GST to pay / to reclaim / zero-rate – preparation and filing
  • Withholding tax obligations at source – management and compliance
  • Income tax filing obligations, preparation and filing
  • Dealing with the IRD
  • Clearing inter-company loan accounts
  • Final accounts and returns
  • Winding up the NZ entity

 

Personal taxes for sportspersons, entertainers, crew, support teams

  • Resident tax status and NZ tax exposure (Tax Treaty relief and tax positions)
  • Sportsperson, loan-out corporation, self-employed, contractor, employee,
  • NZ contractor fixed establishment (permanent establishments)
  • Contract arrangements, bi-furcation, assignments, NZ vs offshore compensation apportionment
  • Contracts, compensation, allowances, per diems, expense claims,
  • Tax registration with IRD and withholding tax certification
  • Exemption (from tax) certificates and reduced rate / increased rate options
  • Withholding tax regimes and elective withholding rates
  • GST registration requirements – filing and payments / reclaims
  • Income tax filing obligations, preparation and filing
  • Dealing with the IRD
  • Home country foreign (NZ) tax credit relief