Apple New Zealand are reportedly in some tax trouble

Apple has come under the microscope in New Zealand, where it reportedly didn’t pay any tax for at least 10 years, despite recording billions of dollars in sales.

 
 

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According to an investigation by the New Zealand Herald, the tech giant instead paid NZ$37m in Australia, where Apple New Zealand’s parent company is registered. The countries share a treaty, whereby tax is only paid in one jurisdiction.

“Apple is the largest taxpayer in the world and we appreciate and respect the role taxes play as necessary and important in our society,” read a statement from the company.

“We follow the law and pay tax on everything we earn, wherever we operate. Apple aims to be a force for good and we’re proud of the contributions we’ve made in New Zealand over the past decade.”

New Zealand Green Party co-leader James Shaw told the NZ Herald: “It is absolutely extraordinary that they are able to get away with paying zero tax in this country. It looks like their tax department is even more innovative than their product designers.”

Meanwhile, New Zealand revenue minister Judith Collins has revealed plans to implement stronger tax laws.

 
 

 

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