A New Zealand officials' issues paper seeking feedback on a wide range of GST-related policy issues, to ensure the GST rules remain current for modern business practices and technology, while remaining fair.

Proposals set out in an officials’ issues paper, GST policy issues, include:

• improving and simplifying tax invoice requirements;
• excluding cryptocurrency from certain GST and financial arrangement rules (while remaining taxable under existing income tax rules);
• changes to the GST apportionment and adjustment rules; and
• simplifying how GST can apply to certain financial services in the managed funds industry.