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Tax Administration Act 1994

Foreign account information-sharing agreements - Model reporting standards for digital platforms

185S: Requirements for reporting platform operators and sellers: model reporting standard

You could also call this:

"Rules for Digital Businesses to Report Information to the Government"

Illustration for Tax Administration Act 1994

You live in New Zealand and run a business using a digital platform. You must follow the model reporting standard for digital platforms. This means you have to give certain information to the government. You are a seller on a digital platform in New Zealand. You must give information to the platform operator so they can follow the rules. The rules are in the model reporting standard for digital platforms. When following the model reporting standard, some words have special meanings. A reference to a country usually means New Zealand. Some parts of the standard do not apply in New Zealand or have different dates.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS935444.

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185T: Implementation of and requirements for extended model reporting standard for digital platforms, or

"Rules for digital platforms to report tax information"

Part 11BForeign account information-sharing agreements
Model reporting standards for digital platforms

185SRequirements for reporting platform operators and sellers: model reporting standard

  1. This section applies when a person who is resident in New Zealand carries on a business by way of a digital platform through which a seller of goods or services may operate in New Zealand.

  2. The person who is the platform operator must comply with all the requirements for reporting platform operators set out in the model reporting standard for digital platforms.

  3. The seller operating on the digital platform must comply with all the requirements to provide information to the platform operator to enable the platform operator to comply with its requirements under the model reporting standard for digital platforms.

  4. For the purposes of Part 11B, in the application of the model reporting standard for digital platforms,—

  5. a term defined in the reporting standard and used in this Act has the meaning that it has at the time in the reporting standard:
    1. unless the context requires otherwise, a reference to a jurisdiction in the reporting standard is taken as a reference to New Zealand:
      1. the optional provision contained in section I, A(3) of the reporting standard relating to excluded platform operators does not apply in New Zealand:
        1. the commencement provision contained in section II, F(2)(a) in the reporting standard is treated as a reference to 1 January 2024:
          1. the provision contained in section III, B(2)(c) and B(3)(c) in the reporting standard is treated as a reference to the list maintained by the Commissioner that outlines those receiving jurisdictions using financial account identifier information:
            1. Annex A in the reporting standard does not apply:
              1. for the purposes of section III, A(1) and A(2) of the reporting standard, a reference to 31 January is treated as a reference to 7 February.

                Notes
                • Section 185S: inserted, on , by section 211 of the Taxation (Annual Rates for 2022–23, Platform Economy, and Remedial Matters) Act 2023 (2023 No 5).
                • Section 185S(3): replaced (with effect on 1 January 2024), on , by section 195 of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Act 2025 (2025 No 9).