On 10 May 2016, New Zealand's parliament passed the Taxation (Residential Land Withholding Tax, GST on Online Services, and Student Loans) Bill following its third and final reading ({News-2015-11-19/P/2- previous coverage}). The main measures of the legislation include:

• A residential land withholding tax (RLWT) that applies for offshore sellers (vendors) of New Zealand residential property if…