Govt ready and willing to fill the gap on digital services tax if OECD solution fails

Govt ready and willing to fill the gap on digital services tax if OECD solution fails
Paul McBeth
By Paul McBeth June 4 (BusinessDesk) - The government is concerned that a concerted international effort to ensure multinational digital firms pay their fair share of tax will fail, so will decide this year on whether to go it alone as an interim measure.  Ministers Grant Robertson and Stuart Nash today said they would prefer to be part of a multilateral effort through the Organisation for Economic Cooperative and Development, but if that doesn't make sufficient progress, the government will introduce a 3 percent tax on certain digital tr...

More Finance

Matt Whineray to chair new FirstCape Group fund manager and adviser
Finance

Matt Whineray to chair new FirstCape Group fund manager and adviser

The new entity aims to scale up advice and fund management services in NZ.

Staff reporters 23 Apr 2024
FNZ settles dispute with US executives
Finance

FNZ settles dispute with US executives

Adam Green and Steve Gross resigned on the same day late last year. 

Victoria Young 22 Apr 2024
Decision to cancel licence for crowdfunder Equitise ‘not taken lightly’ – FMA
Finance

Decision to cancel licence for crowdfunder Equitise ‘not taken lightly’ – FMA

Repeat offender Equitise facilitated two deals after it was deregistered last year.

Jem Traylen 17 Apr 2024
Central banks slowly winning war on inflation
Finance

Central banks slowly winning war on inflation

But policymakers remain wary of rising prices. 

Bloomberg 16 Apr 2024