The New Zealand Inland Revenue June 16 issued QB No. 22/05, clarifying the zero-rated GST for specified services that airport operators supply to international airline operators. The clarification includes: 1) a list of services that aren’t zero-rated; 2) conditions when services can be zero-rated; and 3) an explanation of the application of the 15 percent standard tax rate on relevant services. [New Zealand, Inland Revenue, 06/16/22]
Reference:
View QB No. 22/05. View Announcement.
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.