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New Zealand: GST rule changes are proposed

New Zealand: GST rule changes are proposed

Inland Revenue released an “issues paper” that discusses a broad range of goods and services tax (GST) issues and potential changes to the GST rules. Some of the potential changes would:


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  • Update and modernise the tax invoice requirements
  • Clarify the GST treatment of crypto-currencies
  • Align the GST treatment of the domestic leg of international transportation services with common industry practice

There are also proposals that would affect:

  • Businesses that are subject to the GST apportionment and adjustment rules
  • Conference and staff training provided in New Zealand to non-resident businesses
  • General insurers and those receiving payments under insurance contracts
  • Zero-rating of land
  • Managed funds

Inland Revenue has requested submissions by 9 April 2020.

Read a February 2020 report prepared by the KPMG member firm in New Zealand

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