Key doubts a unilateral 'Google tax' would work

Mon, 27 Jun 2016

By Pattrick Smellie June 27 (BusinessDesk) - The New Zealand government is sticking with the OECD's process for pushing multi-national corporations to pay more tax rather than pursuing the kind of 'Google tax' being mooted in Australia and the UK, said Prime Minister John Key. Commenting on the release of the government's response to the latest leg of the OECD's base-erosion and profit-sharing (BEPS) tax project, Key said officials were sceptical that a tax based on the declared annual turnover in New Zealand by multi-nationals such as Go...

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