No GST on Treaty Settlements

You are here > Home / Your resources / Articles / No GST on Treaty Settlements

By Peter Johnston, Wednesday, 1 January, 2003, Treaty

The issue of GST on Treaty Settlements was looking like an expensive problem but this has been solved. The IRD has issued a statement that:

The Crown have made payments in redress for breaches of the Treaty and not for the promises made by the Claimants. Therefore, GST is not chargeable.A copy of the IRD’s full statement, with reasons, can be supplied. Contact me on cduncan@raineycollins.co.nz or 0800 729 529 if you would like to receive a free copy.

Call us Toll Free on 0800 733 424

Article Archive

We produce regular articles and newsletters to keep our clients up to date with recent developments and to help them avoid the pitfalls in their business and private lives.