New Zealand Inland Revenue's Policy and Strategy group has issued a special report on the new rules for Goods and Services Tax (GST) on cross border supplies of remote services. The report covers the new GST rules introduced as part of the Taxation (Residential Land Withholding Tax, GST on Online Services, and Student Loans) Act, which was approved on 10 May 2016 and received Royal assent on 13 May.
Under the rules, offshore suppliers of online "remote" services and intangibles are required…