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

ANZ vows to fight CCCFA class action despite ASB settlement
Finance

ANZ vows to fight CCCFA class action despite ASB settlement

“ANZ NZ will continue to defend its case. Our position hasn’t changed.” 

ASB settles CCCFA class action for hefty $135.6m
Finance

ASB settles CCCFA class action for hefty $135.6m

 It ended a four-year class action centred on disclosure obligations.

Andy Macdonald 07 Oct 2025
ASB pays $135.6m to settle long-running CCCFA class action
Finance

ASB pays $135.6m to settle long-running CCCFA class action

High-street lender ASB has agreed to pay $135.6 million to settle a class action brought against it for alleged breaches of the Credit Contracts and Consumer Finance Act (CCCFA).The settlement – without admission of liability or wrongdoing – concluded four years of legal proceedi...

Staff reporters 07 Oct 2025