News: Politicians in New Zealand raise alarm about Apple’s tax arrangements<img src="
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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…
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News: Politicians in New Zealand raise alarm about Apple’s tax arrangements
