More than 140 countries are set to begin implementing a 2021 deal to overhaul decades-old rules on how multinational companies are taxed, as digital giants like Apple and Amazon seek to park profits in low-tax countries.
However, that deadline was pushed back last month when countries, except Canada, agreed to postpone the amendment process for at least the next year.
“It is unfair that everyday people pay their fair share of taxes while giant multinational companies fail to meet their obligations,” said Finance Minister Grant Robertson.
The proposed digital services tax is aimed at multinational businesses that profit from users of social media platforms, search engines and online marketplaces in New Zealand.
Specifically, companies with global revenue from digital services of more than 750 million euros (equivalent to 812 million USD) per year and domestic revenue in New Zealand of more than 3.5 million NZD will have to pay tax.
The tax rate is 3% on New Zealand's total taxable digital services revenue, similar to the rate applied in countries such as the UK and France.
(According to Reuters)
Source
![[Maritime News] Container shipping faces overcapacity that will last until 2028](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/7/30/6d35cbc6b0f643fd97f8aa2e9bc87aea)
Comment (0)