The NZ (New Zealand) Herald post by Audrey Young and Barry Soper says the New Zealand government is ready to announce a new 15 percent tax on low-value online purchases from overseas companies. The government designates purchases under $400 as low-value. Online purchases over $400 are already taxed. Although the tax is nicknamed the Amazon Tax it will apply to all online retail sellers such as Alibaba and e-Bay as well as Amazon.
All I need is a credit card and a computer. |
Note: This is a short-medium length post. Bring a cup of tea and half a muffin for today's reading selection.
To read the post tootle over to Amazon Tax
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