Goods and services tax will apply to remote services and intangibles (including e-books, music, videos and software) supplied by non-resident suppliers to New Zealand consumers if a Bill introduced to the New Zealand Parliament is enacted. If enacted, the proposed new rules would come into force on 1 October 2016.
This article examines aspects of the proposed new rules.
Read the full article here.
The article originally appeared in the December 2015/January 2016 issue of the International Tax Review.