Tag: IR855

This factsheet helps you understand your tax obligations as a resident individual when investing in a portfolio investment entity (PIE).

If you’re an overseas investor, you can be a non-resident investor or a notified foreign investor (NFI). Portfolio investment entity (PIE) income is taxed differently depending on your situation.

A prescribed investor rate (PIR) is the tax rate that a multi-rate PIE (MRP) uses to work out tax on income from an investment. PIRs are only provided when investing in an MRP.