Google pays $227,074 of tax in New Zealand

Posted in: Government & Policy at 29/06/2014 18:16

Google Inc is paying more tax in New Zealand than previously but its $227,074 tax bill in 2013 isn't likely to stress a company with US$15.42 billion of revenue globally in the quarter ended March 31, 2014.

The Labour Party has been pushing the issue of the tiny amount of tax being collected from multi-national companies, targeting Facebook in particular. Revenue spokesman David Clark has argued the government should have the power to ban websites if multi-nationals making money from them don't pay much tax locally.
http://www.nbr.co.nz/article/google-pays-227074-tax-new-zealand-md-158111

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