New Zealand Inland Revenue has announced that the Taxation (Annual Rates for 2019–20, GST Offshore Supplier Registration, and Remedial Matters) Act 2019 received Royal assent (was enacted) on 26 June 2019. The main measures of the Act concern the collection of GST on low-value imported goods. This includes that with effect from 1 December 2019, offshore suppliers with annual supplies exceeding NZD 60,000 are required to register, collect, and return New Zealand GST on goods valued at or bel…