Understanding the GST implications of subdivision projects

• Consultation on the topic of when a subdivision project is a “taxable activity” for GST purposes is closing soon
• The consultation closes on 18 December 2023
• The question being addressed is when a subdivision project is considered an activity carried on “continuously or regularly” for GST purposes
• The consultation also addresses when the sale of subdivided land is considered a supply made in the course or furtherance of a taxable activity
• This consultation updates and clarifies the Commissioner’s existing position on the topic

Source: taxtechnical.ird.govt.nz

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.

---

---