Menu
​Why Apple NZ must pay fair share of tax

​Why Apple NZ must pay fair share of tax

Pressure placed on the tech giant to pay up in New Zealand following 12 months of tax avoidance.

As Apple grapples with the Irish Government over its €13 billion tax bill, pressure is now being placed on the tech giant to also pay up in New Zealand following 12 months of tax avoidance.

In 2015, the Kiwi division of the one of the world’s most valuable companies - entitled Apple Sales New Zealand - raked in over $730 million in sales.

Yet unsurprisingly, the company shelled out under $9 million in income tax to Inland Revenue, a rate of just over one per cent.

“When there is so much inequality and poverty, it is utterly unacceptable that large corporations like Apple don’t pay their fair share of taxes,” Oxfam New Zealand executive director, Rachael Le Mesurier, said.

“The company is making hundreds of millions of dollars here in New Zealand, but appears to be paying a tax rate of just over one per cent. That can’t be right, and must be fixed.”

For Le Mesurier,, the schemes and deals that allow multinationals to minimise tax, whilst legal, can no longer be tolerated in New Zealand.

“If people are to have trust in the tax system, all governments, including New Zealand, must act immediately to end tax dodging,” Le Mesurier added.

“Companies must be forced to disclose where they generate their profits and where they pay their taxes.

"This would give governments and civil society the ability to hold these companies to account."

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Apple

Slideshows

Meet the leading HP partners in New Zealand...

Meet the leading HP partners in New Zealand...

HP has recognised its top performing partners in New Zealand at the second annual 2016 HP Partner Awards, held at a glittering bash in Auckland. The HP Partner Awards recognises and celebrates excellence, growth, consistency and engagement of its top partners. This year also saw the addition of several new categories, resulting in 11 companies winning across 11 award categories.

Meet the leading HP partners in New Zealand...
Channel comes together as Ingram Micro Showcase hits Auckland

Channel comes together as Ingram Micro Showcase hits Auckland

Ingram Micro outlined its core focuses for 2017 at Showcase in Auckland, bringing together the channel for a day of engaging keynotes, compelling breakout sessions and new technologies.

Channel comes together as Ingram Micro Showcase hits Auckland
Show Comments