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New Zealand to Consult on Digital Services Tax

|Proposed Changes|New Zealand
New Zealand

According to a release published by New Zealand Inland Revenue, a consultation will be held on the design of tax rules to ensure that multinational companies in the digital services field pay their fair share of tax in New Zealand. A solution through the OECD is preferred, but the New Zealand government believes an interim solution in the form of a digital services tax is needed until the OECD reaches agreement. Although not mentioned in the release, Prime Minister Jacinda Ardern has reporte…

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