This Interpretation Statement provides guidance on the meaning of “unconditional gift” for
GST purposes. A payment made to a GST-registered non-profit body that is an
“unconditional gift” is not “consideration” for a supply of goods or services and is not subject
to GST.
Source: govt.nz
Latest Posts in "New Zealand"
- New Zealand mandates B2G e-invoicing for large suppliers from 2027
- Commissioner’s View on GST Taxable Activity Definition and Legal Interpretation
- New Zealand’s e-Invoicing Mandate: Transition, Compliance, and Benefits for Businesses and Government
- GST Ruling: Accommodation Supply in Commercial Dwelling and Input Tax Deductions Eligibility
- New Zealand Customs Updates GST Refund Process for Importers and Extends Application Period
