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5 Sep 2025 20:41
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  •   Home > News > Business

    A separate argument against major tech firms paying more tax

    A separate argument against major tech firms paying more tax


    A report from tax expert Nick Miller says companies like Google are able to skirt their dues, by taking payments from New Zealand subsidiaries, listed as service fees.

    He says they could be seen as royalties which come under a withholding tax.

    However, another independent expert in the field, Geof Nightingale, says the Trump adminstration would push the cost back onto New Zealand businesses and consumers.

    If we were to tax the US tech giants more, we'd be slapped with a higher tariff on exports.

    © 2025 Newstalk ZB, NZCity

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     04 Sep: Sir Peter Jackson's Weta FX has reported a net loss of more than 60 million dollars in its latest annual report - on the back of a 82 million dollar loss in 2024
     04 Sep: Ikea has confirmed it will open its first New Zealand store -- at Auckland's Sylvia Park -- on Thursday December 4
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