Kiwis To Impose Goods, Services Tax On Sales Via Amazon, eBay

New Zealand is joining neighboring Australia in making online marketplaces like Amazon Inc. and eBay Inc. pay goods and services tax on for items sold on their platforms.

But, New Zeland is planning an easier experience for the internet-based companies. The government is matching the thresholds at which tax is payable, with that of Australia, and it is also offering relaxed currency conversion rules.

From Oct. 1, 2019, suppliers offshore will have to register, collect, and return GST on goods valued at NZ$1,000 ($656) or below. Further, the new arrangements will require GST registration by online marketplaces, redeliverers, ...