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New Zealand is pushing on with efforts to ensure multinational companies pay their fair share of tax, with the release of proposed options for a digital services tax (DST).
The Coalition Government today released its response to the recommendations of the independent Tax Working Group report.
The Coalition Government will take a measured response to the final report of the Tax Working Group (TWG), Finance Minister Grant Robertson and Revenue Minister Stuart Nash said today.
New Zealand is to consult on the design of changes to tax rules which currently allow multinational companies in the digital services field to do business here without paying income tax.
Ministers have received the Tax Working Group’s Final Report on the structure, fairness and balance of New Zealand’s tax system, Finance Minister Grant Robertson and Revenue Minister Stuart Nash say.