FIF tax by broker: Hatch, Sharesies, IBKR and Tiger, sorted

The FIF rules don't care which app you invest through. One $50,000 threshold across every account combined, the same FDR and CV methods, the same IR3 boxes at the end. What actually differs between Hatch, Sharesies, Interactive Brokers and Tiger is the paperwork: which file you export, what it contains, and what you'll have to add yourself. None of the four works out your FIF income for you.

This is one consolidated guide rather than four, because 90% of the answer is identical, and the remaining 10% fits in a section per broker.

What any FIF calculation needs

Whoever your broker is, the same ingredients go in:

• Opening and closing values: what each holding was worth on 1 April and 31 March.
• Every buy and sell during the year, with dates, because the quick-sale adjustment turns on in-and-out trading.
• Dividends received, gross (before withholding).
• Foreign tax withheld, which comes back to you as a credit.

Every figure eventually needs to be in NZD, converted at the right date's rate. The four brokers differ mainly in how much of this their exports hand over ready-made.

Sharesies

Sharesies takes two files, and the calculator needs both: a Transaction report (every fill) and an Investment holdings report (opening and closing shares and values, dividends, and withholding tax by country). In the app: Portfolio, then Investments, then Manage, and under More actions choose Download reports. Export both for the full 1 April to 31 March range of the year you're filing, and don't rename the files: the date range in the filename is how the pair gets validated against the tax year.

Sharesies quirks worth knowing:

• It's a mixed bag by design. A Sharesies portfolio can hold NZ shares (never FIFs), ASX shares (exempt or not, check each one), US shares (FIFs), and Sharesies' own managed funds (PIEs, handled inside the fund). The holdings report carries an "Is FIF" flag per row, which is a useful starting point, though the exemption rules are worth understanding yourself.
• Reports are per portfolio. A kids' account or a second portfolio exports separately. Remember the $50,000 test is per person, so a child's own holdings get their own threshold.
• Auto-invest creates lots of small buys. That's fine. Re-importing an updated file later won't double-count them, because duplicate transactions are matched and skipped.

Interactive Brokers

IBKR takes one file and gives the most complete data of the four: an Activity Statement in CSV. Log in, open Performance & Reports, then Statements, choose Activity Statement, set the period to the full NZ tax year (switch the period to Annual or Custom if you only see one date field), and download as CSV.

The statement includes trades, dividends, withholding tax, opening and closing positions with values, and even corporate actions: stock splits and ticker renames come through and are handled. If you only use IBKR, the import alone usually gets you to a complete calculation. The main thing to get right is the date range: 1 April to 31 March, not the calendar year IBKR defaults to.

Hatch

Hatch is US shares only, denominated in USD, with the W-8BEN sorted at signup, so dividends arrive with the treaty's 15% withheld rather than 30%.

Its Transactions CSV imports your buys and sells. What it doesn't carry is dividends, withholding tax, or your opening and closing values, and those live in Hatch's annual tax statement instead. So the workflow is: import the trades, then top up each holding with the dividend and withholding figures from the tax statement, and the 1 April / 31 March values from your statements or the app's portfolio view on those dates. Five minutes of typing for most portfolios, and the tax statement is laid out for exactly this job.

Tiger

Tiger Brokers NZ follows the same pattern as Hatch. Its Trade History CSV (date, symbol, action, quantity, price, currency) imports your trades; dividends, withholding tax and period values come from your Tiger statements and go in per holding. Tiger portfolios often span more than one currency, which changes nothing about the rules: each figure converts at its own date's rate, and the calculator keeps each holding in its native currency until the conversion step.

Running more than one broker

This is where FIF differs most from what the apps show you. Each broker knows only its own slice, and the tax rules see the whole:

• One threshold. The $50,000 de minimis test adds up the cost of your FIF holdings across every broker together. $30,000 on Sharesies plus $30,000 on Hatch is over, even though each app shows a number comfortably under.
• Same share, two brokers, no problem. Apple held on both Hatch and IBKR stays as two entries with their own transaction histories, and the maths combines them portfolio-wide. FDR and CV are portfolio-level decisions, not per-account ones.
• Import order doesn't matter, and repeats are safe. The same statement imported twice produces the same state, so you can import a part-year file now and the full-year file after 31 March without cleaning anything up.

In short

• The rules are identical everywhere: one combined $50,000 test, one FDR-vs-CV choice, one IR3.
• Sharesies: export both reports, full April-to-March range, filenames untouched.
• IBKR: one Activity Statement CSV covers nearly everything, including values and withholding tax.
• Hatch and Tiger: trades import from CSV; dividends, withholding and period values come from their statements.
• No broker calculates FIF income for you. They supply ingredients; the calculation is yours.

Common questions

Does Sharesies or Hatch work out my FIF tax for me?

No. Sharesies' holdings report flags which rows it considers FIFs, and Hatch's tax statement summarises dividends and withholding, but neither computes FIF income under FDR or CV. That's the part you (or the calculator) do, across all your accounts together.

Is the $50,000 threshold per broker or combined?

Combined, across every broker and account you hold FIF interests in, measured on cost in NZD. Two accounts at $30,000 each put you over the threshold. It's per person, though, so a couple holding separately gets a threshold each.

Which Sharesies files do I need?

Two for each portfolio: the Transaction report and the Investment holdings report, exported for the same full tax year (1 April to 31 March) with their original filenames. One without the other misses either your trades or your opening values and dividends.

My broker shows dividends after US tax was taken out. Which number do I use?

The gross dividend, with the withheld tax recorded separately. The gross amount feeds the income calculation and the withheld 15% becomes your foreign tax credit. Broker tax statements show both figures; use them rather than the net cash that hit your account.

I hold the same share at two brokers. Is that a problem?

Not at all. Keep them as separate entries with their own histories, and let the calculation combine them. What matters is that the portfolio-wide totals (the threshold test, the method comparison, the IR3 figures) cover everything, which is the point of importing all your brokers into one place.

Sources: the FIF rules summarised here are from IR461 and IRD's FIF pages; the linked guides above cover each rule in detail. Export steps reflect each broker's app as at July 2026 and may move as the apps change.