Make a payment
Forms and guides Ngā puka tāke me ngā puka tohutohu

Branch equivalent tax account return (IR308)

Income Tax Act 1994

About this return

A Branch Equivalent Tax Account (BETA) is a memorandum account used to prevent double taxation of attributed foreign income derived from an income interest of 10% or greater in a controlled foreign company (CFC).

PDF | 71kb | 2 pages

This form can be completed on-screen by typing content directly into the PDF document. Once you have completed the form it is important that you print it out as you will not be able to save the information you enter into the form.

When to use this return

This form must be completed by a New Zealand resident person, other than a company, who maintains a branch equivalent tax account (BETA). A company maintaining a BETA must complete the Branch equivalent tax account return for companies (IR408).

What you will need

Your IRD number - if you do not have this please contact us.

After you finish

Attach this completed form to your income tax return.

List of postal addresses for Inland Revenue >