Apple paid no tax in New Zealand for at least a decade, reports say | World news | The Guardian
Reports that Apple has not paid any tax in New Zealand for a decade have prompted experts to voice concerns that much-promised international crackdowns on the problem will fall short of the mark.An investigation by the New Zealand Herald found that Apple had paid nothing to the Inland Revenue Department since at least 2007 because its local operations are run by a parent company registered in Australia.Financial statements for its subsidiary, Apple Sales New Zealand, showed total sales in the last decade had amounted to NZD$4.2bn but income tax of NZD$34m had been apparently paid to the Australian tax office.Analysis Apple and Ireland will fight the EU’s 13bn tax ruling all the wayThe European commissions decision has struck a blow but why has the tech firm never faced action from the USs IRS? Read moreA tax agreement between New Zealand and Australia sees dual claims on income tax default to where the company is controlled.
Källa: Apple paid no tax in New Zealand for at least a decade, reports say | World news | The Guardian
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