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Officials' advice

Taxing financial services: Discussion Paper for Session 11 of the Tax Working Group

Issue date: 
Thursday, 20 September 2018
Version note: 

Prepared by Inland Revenue and the Treasury for the Tax Working Group and dated June 2018.

Other papers from this meeting: Meeting 11: 15 June 2018.

Other papers on this theme: GST.

This paper responds to the Group’s request for advice on options for applying GST to financial services. The paper outlines the current GST treatment of financial services, the problems created by the current treatment and considers options for applying GST to financial services and the respective costs and benefits of these options.

Last updated: 
Monday, 17 September 2018