The government should go ahead and introduce a digital services tax to show the likes of Facebook and Google that their tax planning practices are unacceptable, writes Terry Baucher. Around the world tax authorities and the voting public are coming to the conclusion that current international taxation rules give digital companies an unfair advantage over traditional businesses. A … Read more
Imposing a Digital Services Tax will concentrate the tech giants’ minds on their woeful response to the Christchurch massacre, writes Terry Baucher. What to do about Facebook, Google and Twitter’s reprehensible failure to stop the live-streaming of a terrorist atrocity and the dissemination of vile images? How about a 20% Digital Services Tax, for starters … Read more
Does yesterday’s surprise announcement around the tax status of digital giants indicate a willingness to tackle the vast problems they create? Yesterday was just another Monday for the global tech giants: a select committee in the UK referred to Facebook as “digital gangsters” (not in an admiring way) for their response to privacy concerns, speculation … Read more
Hayden Donnell read about Google’s tax strategy, and went on a journey to try and replicate it for himself. “Can I formally notify you that I’m not paying tax in 2018?” “No.” Reporter Hayden Donnell’s voyage into the world of multinational tax strategy began with a stern rebuke from the IRD, and it’s not a … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Government plans major sentencing changes to reduce prisoner numbers, meth contamination testing scandal rumbles on, and Google pays almost no tax in NZ. The government is planning to introduce major changes to sentencing in the next two weeks. Newshub reports the changes will include ditching the controversial three … Read more