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IRD says anti-BEPS bill may stoke sales booked in NZ, avoids comment on Apple
By Jonathan Underhill Jan. 29 (BusinessDesk) - Apple Sales New Zealand, the local unit of the iPhone and iPad maker, tripled its profit last year as revenue growth outpaced cost of sales but there's a question mark over how much tax it paid locally because most of Apple Inc's...
MPI heads off legal challenge with late change to mānuka definition
By Paul McBeth Jan. 30 (BusinessDesk) - The Ministry for Primary Industries has avoided a legal stoush with local beekeepers over a planned definition of what constitutes mānuka honey as regulators exert greater control over the label. The government agency reissued the ge...
Invert Robotics raises $6.4 mln from private investors, expands into Europe
By Sophie Boot Jan. 30 (BusinessDesk) - Christchurch-based robot maker Invert Robotics raised more than $6 million from private investors as it expands into Europe and branches out into other sectors. The company first raised $740,000 through crowdfunding platform Equitise...
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