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Old 10-02-2016, 02:24 PM   #22
BearMountainBooks
Maria Schneider
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Join Date: Aug 2009
Location: Near Austin, Texas
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Quote:
Originally Posted by GeoffR View Post
From 1 October 2016, non-resident companies selling more than $60,000 of goods and services to New Zealand consumers will be required to collect 15% GST on sales. Previously only companies resident in New Zealand were required to collect GST, although imported physical goods over $400 were taxed at the border.

GST law change for non-resident businesses supplying remote services [IRD]

'Netflix tax' to take effect from tomorrow [NZ Herald]


GST Move Good for Big Kiwi Tech Firms But Government Still Missing Out on Revenue [Booksellers NZ]

briefly checking some prices on Kobo, it appears that ebooks by small- and self-publishers have increased by exactly 15% overnight, but no change to prices of some big publishers such as Hachette, HarperCollins, and Macmillan UK who are perhaps absorbing the GST to maintain their price points.
These changes are hard on us Indies and very confusing. Some sites will tell you what the price is--versus the added taxes. Some just let you set the price and they INCLUDE the tax, so in effect, they are forcing you to absorb the cost. It's difficult to keep track of, that is for sure.
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