Only if we get Consumer Guarantees Act warranty on purchases as well.
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Agree this levels the playing field if applied to all goods, as it should be. But one has to wonder how long Labour will get away with introducing all these extra taxes when they've said they will not introduce any new taxes this term ! They are also flat out backtracking on clear election promises such as doctors fees reducing, scrambling to fill the fiscal hole Steven Joyce told them about
Im not sure what the anomaly is. GST has traditionally been applied for goods and services purchased and enjoyed locally. Now it seems it is being applied to goods purchased off shore and enjoyed locally. Should I now be paying GST on things I purchase overseas when I am on an overseas holiday or travel?
Lets wait until we see the details. I guess I don't mind paying GST on oversees purchases as long as
a) they don't hit me in addition with a huge collection fee (as they do these days with all purchases above the tax-free limit) and
b) I get at the same time a refund of overseas applied GST (otherwise I pay twice) and
c) The cost for collecting the additional taxes is less than the additional taxes they collect, otherwise the whole exercise is pretty pointless - isn't it?
Sort of doubt they manage to be fair and reasonable ... probably just another scheme to employ more useless and expensive bureaucrats and make life overall more expensive in New Zealand. Don't hold my breath.
Quite a coup for our boy Bill
http://www.sharechat.co.nz/article/8...r-politicshtml
"Goods mailed into NZ may be subject to import duty. Import duties are calculated on the Customs value of the goods in New Zealand dollars. The goods may also be subject to Goods and Services Tax (GST) of 15%, based on the Customs value of the goods, and including the duty (if any) and postal/courier charges.Aug 31, 2017 "
NZ retailers will be happy, Probably won't make a big difference to on line shopping.
westerly
There is no international jurisdiction that can compel a foreign online retailer to comply with NZ's GST 'law'. The whole scheme will be voluntary, and the scale and scope of online retailers worldwide (incomprehensibly vast) would suggest that there is no hope in hell that the GST net could be cast wide enough to make wit of difference to 'levelling the playing field'. What a joke, a waste of time and money, a compliance nightmare, and totally unenforceable.
When I buy it gets sent to a US address and shipped to NZ from there.