The Corporate Tax Rate in New Zealand stands at 28 percent.

Corporate Tax Rate in New Zealand averaged 33.65 percent from 1981 until 2020, reaching an all time high of 48 percent in 1986 and a record low of 28 percent in 1988. This page provides - New Zealand Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Corporate Tax Rate - values, historical data and charts - was last updated on June of 2020.

Corporate Tax Rate in New Zealand is expected to reach 28.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Corporate Tax Rate is projected to trend around 28.00 percent in 2021, according to our econometric models.

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New Zealand Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
28.00 28.00 48.00 28.00 1981 - 2020 percent Yearly

New Zealand Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 28.00 28.00 48.00 28.00 percent [+]
Personal Income Tax Rate 33.00 33.00 39.00 33.00 percent [+]
Sales Tax Rate 15.00 15.00 15.00 12.50 percent [+]
Social Security Rate 11.00 11.00 11.00 0.00 percent [+]
Social Security Rate For Companies 3.00 3.00 3.00 0.00 percent [+]
Social Security Rate For Employees 8.00 8.00 8.00 0.00 percent [+]


New Zealand Corporate Tax Rate
In New Zealand, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of New Zealand.