The Insolvency Practitioners Bill and Taxation (Annual Rates, Returns Filing, and Remedial Matters) Bill are delayed.

A discussion paper proposes to require certain non-resident suppliers to account for GST on supplies of low-value goods.

The New Zealand (NZ) government has now enacted the Taxation (GST Offshore Supplier Registration …) Act 2019 introducing a requirement for offshore companies selling low value imported goods to NZ consumers to register...

The Inland Revenue has released an officials' issues paper which includes possible changes to the GST treatment of management fees charged to managed funds.

The New Zealand Government has recently announced a proposal to close a loop hole which waived the requirement for foreign companies to collect GST on goods sold to New Zealand customers...

The New Zealand Government recently announced a proposal to close a loophole which waives the requirement for foreign companies to collect GST on goods sold to New Zealand customers...

Offshore businesses must now comply with local goods and services tax requirements if annual sales to New Zealand exceed the threshold.

The GST implications of any property transaction must be considered thoroughly, to avoid any serious ramifications.

Overseas businesses must be aware of and update their systems to comply with new GST legislation in New Zealand.

A GST return must be filed by the 28th of the month following the end of the taxable period.

From 1 April 2011, the GST rules for "land" have changed. Contracts for the sale of land need to be amended to deal with these changes. What began as a move to crack down on "phoenix" frauds has resulted in GST being effectively turned off for supplies between registered persons involving land. But this comes with significant compliance requirements. This Brief Counsel explains what you need to know before entering into agreements under the new rules.

The Court of Appeal has upheld the principle that receivers must account to IRD for the GST on a mortgagee sale.

Following is a summary of the key VAT and wider tax updates from the past month.

These discussion documents aim towards the implementation of the OECD Base Erosion and Profit Shifting (BEPS) project.

Recent NZ judgment relating to tax liability of receivers, liquidators and directors of companies in receivership and liquidation.

The New Zealand Government has released its much awaited discussion document entitled Business Tax Review. Readers of the discussion document may feel somewhat deflated – the hope was for a document containing proposals for reform that would be of benefit to businesses across the country, however, the reality is a document that contains very little in terms of details of proposed reforms and certainly contains nothing new.

The Base Erosion and Profit Shifting Project aims to reduce tax minimisation opportunities created by the global economy.

This High Court judgment provided some useful statements on duty of care, contributory negligence, betterment, and GST.

The Tax Working Group's interim report discusses its review of the structure, fairness and balance of the NZ tax system.