Latest IRD information on when a supply of land can be compulsorily zero-rated

Some help with working out when a supply of land is compulsorily zero-rated…

Please click here to see a flowchart for a helpful overview in relation to the IRD's Interpretation Statement of compulsory zero-rating of land rules.  This flowchart was extracted from the IRD's latest Interpretation Statement (IS 17/08) - which will be available to view online here shortly http://www.ird.govt.nz/technical-tax/interpretations/