Apple’s NZ unit paid tax amounting to 0.4 percent of its half-billion sales in 2012

Fri, 22 Mar 2013

By Kristen Paterson March 22 (BusinessDesk) - Apple Sales New Zealand, the local unit of the iPad and iPod maker, posted a 38 percent jump in full-year sales to $571 million, though the tax department received a payment amounting to just 0.4 percent of that. Apple’s New Zealand sales topped the half billion dollar mark in 2012 after rising to $414 million in 2011, according to its financial results for the 12 months ended Sept. 29. The local unit of the world’s biggest tech company recorded a tax paid profit of $5.5 million in the year, d...

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