U.s. New Zealand Totalization Agreementadmin
Anyone wishing to learn more about the program of U.S. Social Security Totalization Agreements, including details of some existing agreements, should indicate below: It should be noted, as a caution, that the waiver is quite rarely invoked and is invoked only in mandatory cases. The intention is not to give workers or employers the freedom to routinely choose coverage contrary to the normal rules of the agreement. International social security agreements are beneficial both for those who are currently working and for those whose careers have ended. For current workers, the agreements remove double contributions that they might otherwise make to the social security plans of the United States and another country. However, please do not call these numbers if you wish to inquire about an individual entitlement to benefits. The United States has agreements with several countries, called tabination agreements, to avoid double taxation of income with respect to social security taxes. These agreements should be taken into account when it is established whether a foreigner is subject to U.S. Social Security/Medicare tax or whether a U.S. citizen or resident alien is subject to a foreign country`s social security taxes. 4.
If a company is established in both States Parties pursuant to paragraph 1 of this Article, the competent authorities of the Contracting States shall endeavour to clarify the matter by mutual agreement and to determine whether the company is established in any year of income or in any year of income. If the competent authorities are not in a position to make such a finding, the company shall not be treated for the purposes of the Convention as a company established in either of the two Contracting Parties. . . .