Key names iTunes, Netflix in e-commerce tax review

Mon, 17 Aug 2015

By Paul McBeth Aug. 17 (BusinessDesk) - The government will launch a discussion document tomorrow on how to target tax offshore online shopping, TV and music, which is already costing about $180 million a year in avoided GST and rising, says Prime Minister John Key. The document will be split into two parts, the first covering services such as Apple's iTunes and Netflix streaming video, and the second on the more complex issue of imported goods, Key told his weekly post-Cabinet press conference in Wellington. The government is foregoing a...

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