Death and taxes. It is said that you can’t escape them. But some corporations can and do. There has been an outcry over multinationals like Apple avoiding tax in New Zealand. Matt Nippert at the NZ Herald has revealed that Apple paid no tax in New Zealand over the last ten years despite sales of […]
There was widespread applause when a Transparency International report rated New Zealand equal highest in the world for financial integrity, but the report was derived from a series of ‘expert ratings’ and should not used be an excuse for complacency. In our globalised world, there are huge amounts of money from organised crime, drugs, and […]
The National Government has finally recognised that there is something they could be doing to ensure multinational companies like Apple and Google pay their fair share of tax here.
The European Commission has ruled that Apple owes €13bn in back taxes there. It’s likely that Apple owes New Zealand our fair share of back taxes too. The New Zealand Government collected close to $11 billion in taxes for companies last year. If New Zealand companies paid the tax rate Apple does in Europe — […]