Tag: New Zealand

New Zealand – Tax Bill proposes GST registration for foreign B2C e-service providers as of 1 October 2016

Michaela MerzLeave a comment

People walking in a plaza/square - PwC, Photo_RGB_PC_ 442.jpgFurther to my previous post the New Zealand Government submitted its legislative proposal in relation to the GST law reform on offshore online purchases of services.

The Government has followed the modern VAT/GST practices and OECD recommendations and has decided to reform the GST system. The reforms focus on two main Areas:
1. Digital products and cross border services, in respect of which draft legislation proposes imposing GST on digital products and other Services purchased by New Zealand private consumers from offshore sellers. The new rules will apply from 1 October 2016.Read More »

New Zealand – Taxing by the megabyte – proposed changes to the GST treatment of the digital economy

Michaela Merz1 Comment

People walking in a plaza/square - PwC, Photo_RGB_PC_ 442.jpgAs widely anticipated, the Government of New Zealand has released a discussion document on the GST treatment of digital products and other services purchased online by New Zealand consumers. The analysis in the discussion document is based on the OECD guidelines for applying GST to cross-border services and intangibles (e.g. music, movie, and game downloads).Read More »

Recovery of GST in New Zealand possible for non-resident businesses as from 1 April 2014

Michaela MerzLeave a comment

Currently, only non-residents who make taxable supplies in New Zealand are able to claim GST on their costs. As from 1 April 2014 non-residents who do not make taxable supplies in New Zealand will be able to register for GST under a special regime and to recover local GST.

In order to register under the new regime, the non-resident must:Read More »