The proposed digital services tax will target multinational businesses that earn income from New Zealand users of social media platforms, search engines, and online marketplaces. The tax would be applied at 3 per cent on gross taxable New Zealand digital services revenue, a similar rate adopted by comparable countries like France and the United Kingdom. The bill will be introduced to the parliament on Thursday.
Source: channelnewsasia.com
Latest Posts in "New Zealand"
- France’s E-Invoicing Reform: PPF, Peppol, and Mandatory E-Reporting
- Mandatory Peppol E-Invoicing for Large Government Suppliers from 2027
- Mandatory B2G e-invoicing in New Zealand is coming
- Officials seek feedback on GST priority reforms
- New Zealand Consults on GST Treatment for Intermediaries and Brokers
