The Bill proposes extending the GST rules for electronic marketplaces to the platform economy (e.g. ride sharing, short term accommodation), and implementing GST apportionment and adjustment rules.
The proposed changes covered in the Bill are wide ranging and should be of interest across all sectors.
On 30 August 2022, New Zealand released its 2022 Omnibus Tax Bill (Bill) proposing several amendments to the Goods and Services Tax (GST) law. The proposed changes covered in the Bill are wide ranging and should be of interest across all sectors.
Source EY
