- New Zealand Inland Revenue has issued a draft interpretation statement on GST treatment for supplies of residences and other real property.
- The statement explains how sections 5(15) to 5(16C) of the Goods and Services Tax Act apply to such property supplies.
Source: vitallaw.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.
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