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Title: News: Politicians in New Zealand raise alarm about Apple’s tax arrangements Post by: HCK on March 21, 2017, 04:05:25 pm News: Politicians in New Zealand raise alarm about Apple’s tax arrangements
<img src="(http://assets.ilounge.com/images/uploads/stock/apple-store-sydney.jpg)" /> Despite making $4.2 billion in sales in New Zealand since 2007, Apple pays no taxes in that country, the New Zealand Herald reports. Apple has paid $37 million on that income, but the money went to the Australian Tax Office instead of staying in New Zealand. On that same sum, taxes in New Zealand would have totaled $357 million, but since Apple’s New Zealand operations are run out of Australia, the company is able to take advantage of a tax… Source: News: Politicians in New Zealand raise alarm about Apple’s tax arrangements (http://www.ilounge.com/index.php/news/comments/politicians-in-new-zealand-raise-alarm-about-apples-tax-arrangements) |