Tackle multinationals over their failure to pay adequate coporate tax

Tackle multinationals over their failure to pay adequate coporate tax

Companies such as Facebook, Apple, Goldman Sachs, ExxonMobile etc.. need to start paying their appropriate fair share of corporate tax in New Zealand. Loopholes, convoluted company structures and suspect accounting practices need to be reviewed. These businesses making fortunes and then shifting their profits offshore just makes a mockery of our tax system and craps all over ordinary New Zealanders struggling to get ahead. Hugely successful multinationals have a social responsibility to ensure they pay adequate tax. There needs to be a paradigm shift in how the world looks at measuring success other than year in year out annual growth. This philosophy is outdated and is tearing the world apart in terms of resources and the environment. That is a whole other issue.


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