Acting PM Peters rebuffs concerns over digital services tax

Acting PM Peters rebuffs concerns over digital services tax
Victoria Young
By Victoria Young July 12 (BusinessDesk) - Acting Prime Minister Winston Peters has dismissed concerns the US could threaten New Zealand with tariffs over proposed taxes for internet companies.  New Zealand is still developing a digital services tax which could generate $30-to-$80 million from multinationals such as Facebook and Google, who pay very small amounts in this country compared with their total revenue. Most of the companies affected are US tech firms and the US Trade Representative Robert Lighthzier has said it is investigat...

More Economy

Northland targets $60b regional economy by 2050
Primary Sector

Northland targets $60b regional economy by 2050

The bullish goal represents a six-fold increase over 2024 figures.

No sign 10% tariff will increase but uncertainty remains: Mfat
Economy

No sign 10% tariff will increase but uncertainty remains: Mfat

Ongoing uncertainty is of concern for New Zealand exporters, an Mfat spokesperson says.

‘Teflon Man’ Neil Quigley’s next big job
Finance Analysis

Pattrick Smellie: ‘Teflon Man’ Neil Quigley’s next big job

Is the RBNZ lining up a Canadian replacement for Adrian Orr?

Pattrick Smellie 23 Jul 2025
August rate cut still on the cards
Economy

August rate cut still on the cards

Annual inflation increased 2.7% in the 12 months to the June quarter. 

Rebecca Howard 21 Jul 2025