New Zealand Tax Agency Issues Updated GST Guidance on Online Accommodation, Transportation Services

The New Zealand Inland Revenue April 2 issued updated GST guidance on supplies of accommodation and transportation services through electronic platforms. Marketplace operators are required to collect and remit GST if their total supply in New Zealand, including “listed services,” exceeds, or is expected to exceed, NZ$60,000 (US$36,038) within 12 months. The guidance is updated with changes that entered into force on April 1. The updates include: 1) new rules to address when a listing intermediary is between an underlying supplier of taxable accommodation and the electronic marketplace operator; 2) changes that allow marketplace operators and listing intermediaries to self-correct ...