31 May 2016
The New Zealand Government has now passed a bill which will impose the charge of 15% GST on e-services provided to consumers from foreign providers.
At present, non-resident businesses providing digital services in New Zealand do not have to charge GST on their sales. However, in an effort to remove the unfair advantage that this gives to non-resident companies over New Zealand resident providers, the New Zealand Government has confirmed that GST at 15% will be applied on these types of transactions from 1 October 2016.
This new tax will be applied to a range of electronic services including streaming games, music, apps, films, e-books, e-journals and internet services.
LATEST NEWS
Danish decision on OSS compliance reinforces the...
A recent Danish Tax Appeals Tribunal decision has reinforced the importance of meeting VAT reporting obligations under the EU's One Stop Shop (OSS) regime. In...
SEE MORE
LATEST NEWS
Italy extends deadline for recovering Input VAT
Under a new legislative decree issued in August, Italy introduced a positive law for businesses registered for VAT in the country. From 1 January 2027...
SEE MORE
LATEST NEWS
Portugal clarifies VAT correction procedures and...
Portugal's Tax Authority has issued new guidance on VAT invoice corrections and introduced updates to the periodic VAT return, reflecting the country's...
SEE MORE