Taxation (GST, Trans-Tasman Imputation and Miscellaneous Provisions) Act Commencement Order 2004

2004/226

Taxation (GST, Trans-Tasman Imputation and Miscellaneous Provisions) Act Commencement Order 2004


Note

This order is administered in the Inland Revenue Department.


Pursuant to section 2(19) of the Taxation (GST, Trans-Tasman Imputation and Miscellaneous Provisions) Act 2003, Her Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following order.

1 Title
  • This order is the Taxation (GST, Trans-Tasman Imputation and Miscellaneous Provisions) Act Commencement Order 2004.

Diane Morcom,

Clerk of the Executive Council.

Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order brings into force the provisions of the Taxation (GST, Trans-Tasman Imputation and Miscellaneous Provisions) Act 2003 that are not yet in force. The provisions amend the Goods and Services Tax Act 1985, and bring into effect the following reforms:

  • the introduction of a reverse charge mechanism to impose goods and services tax on certain imported services; and

  • the zero-rating of business-to-business supplies of financial services.


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 5 August 2004.