New Zealand to introduce tax on all things digital

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

Belgium to implement business to business (B2B)...

In May 2022, the Belgium Chamber of Representatives published a draft law that could oblige electronic invoicing between VAT registered companies in the...

SEE MORE
VAT news
LATEST NEWS

Romania to introduce mandatory business to government...

The Romanian tax authorities have confirmed that businesses that sell to government departments will be required to issue e-invoices from 1 July 2022. Since...

SEE MORE
VAT news
LATEST NEWS

New EU e-commerce packages – EU confirms initial...

The European Union (EU) has released statistics showing that the introduction of the EU e-commerce packages in July last year, has been a success. The figures...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.