New Zealand: Amendment to taxation bill including Offshore Gaming Duty and GST Provisions
Progress
Current status
in force
01 Jul 2024 in force
14 Mar 2024 under deliberation
Scope
Implementers
New Zealand
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
platform intermediary: e-commerce
Government Branch
executive
legislature
Government Body
central government
parliament
Implementation Level
national
Timeline of events
Implementated amendment to taxation bill including Offshore Gaming Duty and GST Provisions
On 1 July 2024, an offshore gaming duty was implemented, imposing a 12% tax for remote gambling services supplied to New Zealand residents by GST-registered entities located outside the country. Additionally, it amends the goods and services tax (GS…
SourceEvent type
law
Action type
implementation
Government branch
executive
Government body
central government
Introduced amendment to taxation bill including Offshore Gaming Duty and GST Provisions
On 14 March 2024, the New Zealand Parliament introduced an amendment to the Taxation (Annual Rates for 2023-24, Multinational Tax, and Remedial Matters) Bill. This amendment introduces a new offshore gaming duty at a rate of 12% for remote gambling …
SourceEvent type
law
Action type
introduction
Government branch
legislature
Government body
parliament