19KTaxable supply information: supplies by registered person

1. A registered person who makes a taxable supply to another registered person must provide the recipient with taxable supply information for the supply within 28 days of a request for the taxable supply information.

2. Subsection (1) is overridden by subsections (4), (7), and (10) and section 19L.

3. A registered person who makes a taxable supply to a person other than a registered person must provide the recipient with taxable supply information for the supply within 28 days of a request for the taxable supply information.

4. A registered person who has a taxable supply from another registered person must provide the supplier with taxable supply information for the supply if—

5. the recipient and supplier agree that—
   1. the supplier will not issue taxable supply information under subsection (1) for taxable supplies by the supplier to the recipient to which the agreement relates; and
   2. the recipient will issue taxable supply information, for each taxable supply by the supplier to the recipient to which the agreement relates; and
6. the recipient and supplier record the reasons for entering the agreement if the terms of the agreement are not part of the normal terms of business between the recipient and supplier; and
7. the Commissioner does not, before the supply, invalidate the agreement because the Commissioner considers that the recipient and the supplier have failed to comply with the agreement or with paragraph (b).

8. A registered person who provides taxable supply information under subsection (4) for a taxable supply must provide the supplier with taxable supply information for the supply within 28 days of the request for the taxable supply information, or by an alternative date agreed by the supplier and recipient.

9. If a supply of goods made under the exercise of a power is treated under section 5(2) as being a taxable supply of goods made by a person, the person who exercises the power must—

10. issue taxable supply information under subsection (1) or (3) for the person treated as being the supplier, as if the supplier were a registered person; and
11. if the supplier is not a registered person, include the supplier’s tax file number in the information instead of a registration number.

12. A supplier is not required to provide taxable supply information under subsection (1) or (3) for a taxable supply if subsection (8) does not apply and 1 or more of—

13. the amount of consideration for the supply does not exceed an amount (the threshold amount), which is $200:
14. the supplier is a non-resident supplier who makes a supply of distantly taxable goods to which section 8(3)(ab) applies:
15. the supplier is a non-resident supplier who makes a supply of remote services to which section 8(3)(c) applies.

16. A supplier is required to provide taxable supply information under subsection (1) or (3) for a taxable supply if section 8(4F) applies to treat the supply as being made in New Zealand.

17. A non-resident supplier who makes a supply of distantly taxable goods to which section 8(3)(ab) applies or of remote services to which section 8(3)(c) applies may choose to provide taxable supply information for the supply to a recipient of the supply if—

18. the supply is not of a contract of insurance; and
19. the supply of goods or services was incorrectly treated—
    1. as being made in New Zealand when the supply should have been treated as being made outside New Zealand under section 8(4D) or (4E); or
    2. as not being zero-rated when the supply should have been zero-rated under section 11A(1)(x); and
20. the value of the supply, in New Zealand currency as at the time of the supply, does not exceed $1,000; and
21. the recipient either or both—
    1. notifies the supplier that the recipient is a registered person:
    2. provides the supplier with the registration number or New Zealand business number of the recipient.

22. Where the Commissioner is satisfied that there are or will be sufficient records available to establish the particulars of any supply or class of supplies, and that it would be impractical to require that taxable supply information be provided under this section, the Commissioner may determine that, for a supplier or a class of suppliers, subject to any conditions that the Commissioner may consider necessary,—

23. any 1 or more of the particulars specified in section 19E(2) shall not be contained in the taxable supply information; or
24. taxable supply information is not required to be provided.