VAT/GST Alerts
Category: GST
Norway: VAT on Business-to-Consumer (B2C) Low Value Imported Goods
In April 2020, the VAT exemption for imported goods costing NOK 350 or less (approximately EUR 30 / USD 35) supplied by foreign businesses to consumers in Norway was abolished. Most B2C imported goods with a value below NOK 3,000 (approximately EUR 270/ USD 300) are now liable for Norwegian VAT, payable by the supplier.
9 April 2020| CATEGORIES: GST, Low value imported goods
New Zealand: Goods and Services Tax (GST) on B2C Low Value Imported Goods
From 1 December 2019, low value goods costing NZD 1,000 or less supplied by overseas businesses to New Zealand consumers (known as “distantly taxable goods”) will be treated as supplied in New Zealand and subject to New Zealand Goods and Services Tax (GST). Read our tax alert for a summary of the changes.
22 October 2019| CATEGORIES: GST, Low value imported goods
