New Zealand has adopted a law that will require offshore sellers, electronic marketplaces and redeliverers to register and account for 15% GST on:
-sales of goods valued at NZD 1,000 or less,
-that are delivered to NZ end consumers,
if these sales exceed NZD 60,000 in a 12 month period.
The charge will apply from 1 December 2019. Systems and pricing will need to be updated to avoid the GST directly affecting profit margins.
With only a few weeks to go, sellers need to act now.
For further details please contact Eugen Trombitas: email@example.com
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