How would this policy effect Amazon, Google, Microsoft, Apple's NZ operations
Amazon, Google, Microsoft, Apple and others operate substantial businesses in NZ and pay almost no corporate tax? As the world move digital the major providers of electronic goods avoid/evade tax. They want to trade into a society which they make no contribution. It is a big loss of income to the country.
Official response from completed
It wouldn’t directly. We have a special tax policy coming out to help those companies pay their fair share of tax here.
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