Kāinga Ora – Homes and Communities
This Ruling applies to confirm the GST consequences for GST-registered persons who:
- supply a property in the course or furtherance of their taxable activity to an eligible home buyer (Home Buyer) and Kāinga Ora – Homes and Communities (the Applicant) for use in the First Home Partner scheme; or
- acquire such a property from a Home Buyer and the Applicant for use in making taxable supplies.
Income Tax Act 2007 BG 1, CA 1(2), CB 4, CC 3, CE 1 and CP 1.