You are now required by law to complete a Land transfer tax statement when you are buying or selling a New Zealand property. Please see the statement for your reference. A few notes regarding this statement:
- Information in this statement is passed on to the IRD.
- Information on this statement can be provided to overseas taxation authorities.
- Information in this statement must be retained for 10 years.
When completing this statement, please ensure the information provided is consistent with your other sources (e.g. information provided to the IRD when applying for an IRD number) to avoid any unnecessary confusions.