Digital tax within three years: Robertson

A Labour-led government will legislate to collect tax in New Zealand from Facebook, Google and other digital platforms in the next term of Parliament unless the OECD completes its long-running work on multi-national tax avoidance.The announcement on a broad timetable for implementing a digital services tax was the second of only two pieces of policy announced in Labour’s tax policy announcement today.Finance Minister Grant Robertson said the OECD had recently made some progress on its Base Erosion and Profit Shifting initiative, but that...
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