From offshore ETFsto FIF and PIEs:one sourced review,under your name.

Offshore companies and unit trusts are foreign investment fund (FIF) interests; a New Zealand company or PIE is not. An ASX-listed Australian company with a franking account is exempt under s EX 31, and an Australian unit trust, such as an ASX-listed ETF, is treated as a FIF interest unless you confirm it meets s EX 32. The rules apply when the total cost of the client’s FIF interests is over NZ$50,000, or when the client returned FIF income in one of the last four years; a client you mark as a transitional resident has no FIF income. A holding whose cost is not on file is named and the test is shown as not determined, never guessed.

By the fair dividend rate: 5% of today’s value, as an estimate of the next income year, taxed at the marginal rate you set, else the rate on the client’s tax profile, else 33%, labelled as assumed. US withholding on a US-domiciled holding is credited up to the New Zealand tax on that holding; tax suffered inside an Irish fund is the fund’s, so it is shown as a cost with no credit. The comparative value method, the quick sale adjustment, the choice of exchange-rate method (today’s rate is used) and credits for other countries’ withholding are not modelled.

For S&P 500 and total-world trackers, yes: beside the Smart listed PIEs on NZX that track the same index (USF, USH, TWF and TWH, fees from the issuer’s pages), taxed at 28%, or at the client’s lower rate if they include the income in their return, and beside an unlisted index PIE at the client’s PIR, tax only. Other funds get no PIE comparison. It compares tax and fees a year; it is never a recommendation to switch.

Interactive Brokers Flex exports are read directly, and an IBKR account can also be synced daily. Sharesies and Hatch statements go through the extraction model. Either way every position and transaction is shown for review, and nothing reaches the client’s holdings until you confirm it. A client can send statements through a secure upload link without opening an account.

Funds domiciled outside the US are screened as possible PFICs, each generally reported on Form 8621, and the FBAR and Form 8938 thresholds are checked. US returns are not prepared and the PFIC tax itself is not computed, so a PIE comparison for a US person is one to weigh with their US tax adviser.

The Founding Adviser plan comes with a 30-day trial and no card: open a workspace yourself, and pay 99 USD a month when the trial ends. That price is open to the first 25 firms and held for their first 12 monthly payments, or for the first year on annual billing at 999 USD. Advisor, Practice and White Label have no trial and start with the first payment. Or tell us about your firm using the form below and we reply personally within two working days to help set it up.

Add active clients in packs of 25 for $29 a month each, on the Founding Adviser, Advisor and Practice plans. Add them from Settings, Plan and usage, once your plan is active: each pack is its own small subscription at exactly $29 a month ($290 a year on annual billing), so a second pack costs the same as the first. Cancel a pack at any time, and cancelling your plan stops its packs too; clients above the new limit stay readable, but no further client can be added or restored until you are within it. Packs stop counting if the subscription lapses. Households do not use extra places: each person is one client, and trusts, SMSFs and joint accounts are accounts of a member.