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@andrewn I notice you've mentioned CV and FDR as the main methods investors need to be aware of. If one were to let such calculations lapse, and they were beholden to the IRD's audit, which would IRD use to calculate the tax debt? Again, purely hypothetical, I'm nowhere near being able to...

@andrewn Right, so it calculates on input (cost, as you call it, being the correct term, understood) Cool, thank you very much for explaining this! I play with baby amounts of money so it's never been something I've had to worry about, bit I've always been curious as to why people seem to...

@andrewn Hmm, so, very hypothetically, if I had 30k of offshore investments that somehow skyrocketed to 60k value, and I wasn't paying attention, I could have an unexpected tax bill if the IRD took a closer look? And if this has been the case for a few years, then they might get really mad at...

@andrewn Apologies for the troglodyte question and thank you very much for putting this together! Does the IRD calculate these requirements? If, say, you have 60k in offshore investments, and you don't bother calculating with either of these methods, will the IRD just lump you with a tax bill...