New Zealand: Introduced Digital Services Tax Bill

On 30 August 2023, the Digital Services Tax (DST) Bill was introduced in the New Zealand Parliament. The DST would be applicable to companies earning over EUR 750 million yearly from global digital services and more than NZD 3.5 million annually from digital services provided to New Zealand users. The tax rate would stand at three per cent of the gross taxable revenue from digital services within New Zealand.