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The IR 67S form is known as a Non-Resident Withholding Tax Reconciliation Statement. This form is used by the Inland Revenue department in the country of New Zealand. The form is related to tax filing and reporting. It will be used to calculate the amount of tax owed on interest, dividends, and royalties paid throughout the tax year.
This statement will be sent out each year by Inland Revenue. The form requires that the taxpayer lists all their Non-Resident Passive Income (NRPI). This can include earnings from interest, dividends, royalties, and other passive income. The amount of tax already withheld from these payments should be calculated and listed on the form as well. This will ensure that you know the amount of additional tax you owe, or if you overpaid your taxes for the year.
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