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).

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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.

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).

Your IRD number - if you do not have this call us on 0800 227 774.

After you finish

Attach this completed form to your income tax return.