This may seem a bit of a dumb question but I'm sure the forum can set us straight.
We will be looking at buying
a second hand boat overseas and taking it back to NZ. We often see advertisements for eg: Euros 350.000 vat (tax) paid.
How would, if at all, this affect us in exporting the boat to NZ???
Would we receive back the Vat already paid thus reducing the cost of the boat and helping to pay the import
tax (Gst) upon arrival in NZ?
Any knowledge on this greatly appreciated.