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2 hours ago, Kick Ass said:

But there is no duty payable for an NZ built boat.

Or when we imported one from aus a few years back, on an aus built one. The closer economic relations au/nz treaty means aus built boats also exempt from duty here (gst still applies).

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35 minutes ago, Kick Ass said:

As soon as an NZ boat is sold offshore GST has to be paid by new owner when returning.

Obvious solution is to sail back to NZ before completing the transaction .

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3 hours ago, Black Panther said:

Obvious solution is to sail back to NZ before completing the transaction .

If the owner is bringing the boat back and plans to put it on the market in NZ then absolutely.

However if the boat is already for sale overseas and you offer to deliver it back to NZ on behalf of the owner with an agreement to purchase it on your arrival then that would be deemed tax avoidance, which could end up being a lot more expensive that the GST component.

Of course, if we are into the realm of breaking the law and working out what dodgey stuff we can do to avoid paying tax, this is probably the wrong forum :-)

 

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