Google, Facebook and tax: the search for conscience

For multi-national companies, will paying tax ever be much more than a matter of choice?

Tue, 08 Jun 2021

It’s a fair bet that neither Facebook's Mark Zuckerberg nor anyone at Google HQ in Mountain View, California, wakes up in a sweat worrying about their social licence to operate in New Zealand.Both globe-wrapping digital behemoths do business here in the same sort of split-screen world as banks and electricity companies.On one hand, nobody really likes them much.On the other, almost everybody with access to the internet uses one or both platforms most days of the week without a second thought.Unlike banks and power companies, however,...

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Law & Regulation

FMA files criminal charge against Prem Gounder

The Financial Markets Authority (FMA) has filed a criminal charge against former Auckland-based financial adviser Prem Gounder for dishonestly using a document.The FMA alleges that Gounder, while acting as a licensed financial adviser, submitted a false document, namely a gifting...

Staff reporters 12:40pm

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