New Zealand Tax Agency Consults on GST Treatment of Subdivision Projects

• New Zealand Inland Revenue has opened a consultation on the GST treatment of subdivision projects.
• They have proposed a question and answer document to clarify the treatment.
• A subdivision project is considered a taxable activity if it is carried out regularly or continuously and involves supplying goods and services to another person for consideration.
• The determination of whether a subdivision project is carried out regularly or continuously should be based on the facts of each case.
• The consultation also includes small-scale subdivisions involving the creation of…

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---