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New Zealand plans new tax for tech giants like Google and Facebook

New Zealand’s government plans a new tax targeting online giants like Google and Facebook that earn plenty of money in the country but pay little tax.Prime Minister Jacinda Ardern said there’s a gap that needs to be closed.“Our current tax system is not fair in the way that it treats individual taxpayers and the way that it treats multinationals,” she said. “It’s not fair.”She said the proposed digital services tax would tax multinational online companies at about 2 or 3 per cent on the revenue…... If you wish to read this full breaking news headline, plus more articles from around Thailand and Asia like, New Zealand plans new tax for tech giants like Google and Facebook, simply click on 'Read full story' below, but 1st please give us a 'LIKE' or 'SHARE' before you leave. Thank you New Zealand plans new tax for tech giants like Google and Facebook

 

 

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Published By: SOUTH CHINA MORNING POST - Monday, 18 February

 

 

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