The Commissioner has released three Public Rulings concerning the GST treatment of fees paid to directors and board members:
BR Pub 23/01 “Goods and Services Tax – Directors’ Fees”;
BR Pub 23/02 “Goods and Services Tax – Fees of Board Members not appointed by the Governor-General or Governor-General in Council”; and
BR Pub 23/03 “Goods and Services Tax – Fees of Board Members appointed by the Governor-General or Governor-General in Council”.
This Operational Position gives guidance on how these rulings will be applied.
Source: taxtechnical.ird.govt.nz
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