The short answer
The common individual de minimis test is based on the original cost of relevant foreign interests, not their current market price.
IRD explains the NZ$50,000 cost-based threshold for many individual foreign holdings. If the test is exceeded the FIF rules can apply to more than just the amount above the threshold; exceptions and special cases still need checking.
What to do next
Keep a record of the purchase price and eligible costs in NZ dollars and check which holdings fall within FIF rules.
Sharesight
This official website is a relevant starting point for this question. Product access or eligibility depends on where you live and the provider's own requirements.
Visit Sharesight ↗Official website — not an affiliate tracking link. A resource link does not imply that every reader qualifies for its services.
Questions people ask
Which choice does the guide make for does New Zealand’s NZ$50,000 foreign-share FIF threshold use cost or today’s market value?
The common individual de minimis test is based on the original cost of relevant foreign interests, not their current market price.
What eligibility limits should be checked for does New Zealand’s NZ$50,000 foreign-share FIF threshold use cost or today’s market value?
Yes. This page describes the rule or example for New Zealand. The contract, residence and tax rules in another jurisdiction can differ.
Primary source
Our answer is based on guidance published by NZ Inland Revenue share investments.
This article explains the published general rule or provider example. It does not establish personal eligibility, a guaranteed allocation or an individual tax outcome.
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