Source: Inland Revenue Department –
A public consultation document, The role of digital platforms in the taxation of the gig and sharing economy, was released today.
The paper contains proposals aimed at making it easier for people who earn income through digital platforms in the gig and sharing economy to comply with their tax obligations in New Zealand.
It also seeks feedback on how GST should apply to gig and sharing economy activities, and whether there are other opportunities to reduce compliance costs in the tax system for people who earn income in the gig and sharing economy.
Consultation closes on 21 April 2022.