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Public consultation
Uiuinga tūmatanui

Consultation on draft items

We focus on producing items that accurately and fairly reflect taxation legislation, and are useful in practical situations. Your input into the process is highly valued.

On this page:

Currently consulting on

Let us know what you think about our drafts. Are they technically accurate? Do they fairly reflect taxation legislation? Are they in line with commercial reality and useful in practical situations?


PUB00277bb: Goods and Services Tax - GST treatment of outsourced services in relation to a unit trust

This QWBA considers whether administrative services (registry or accounting functions) or investment management services acquired by the manager of a unit trust to satisfy its obligations under the contract with investors are exempt supplies. The QWBA concludes that these services are taxable supplies as they are not any of the activities listed in the definition of "financial services".

Comment deadline: 23 March 2017

PUB00277bb - PDF format (133kb | 5 pages)


PUB00277aa: Goods and Services Tax - GST treatment of fees payable to manager of a unit trust

This QWBA considers whether services supplied by the manager of a unit trust under a contract with investors in the unit trust are exempt supplies. The QWBA concludes that these services are exempt supplies being financial services under s 3(1)(c), (d), (k) or (l) of the Goods and Services Tax Act 1985 or the supply of services that are reasonably incidental and necessary to the supply of financial services by the manager.

Comment deadline: 23 March 2017

PUB00277aa - PDF format (152kb | 7 pages)


Providing feedback on draft items

You can email your comments to us at public.consultation@ird.govt.nz  This email address is only for providing feedback on public drafts.

For all other feedback, please use our Comments and feedback form

If you wish to post us your comments, send them to:

Team Manager, Technical Services
Office of the Chief Tax Counsel
National Office
Inland Revenue Department
PO Box 2198
Wellington

Related links

Expired draft items 
Public consultation process 
Public Rulings work programme

 

 

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