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American policymakers from both parties and Silicon Valley have been agitating against digital services taxes for years now, because they’ve argued that U.S. tech companies would bear the brunt of the burden.
The New Zealand Tax Podcast – are we making progress towards an agreement on international tax? What’s so bad about a financial transactions tax? And what now after the election?
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Companies will be liable to pay a new top-up tax from next year
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Levy legislation to take up roughly half of Government’s Finance Bill, which is to be published on Thursday
Yellen’s remarks scupper plans by the Organization for Economic Cooperation and Development to have the treaty in place by year’s end.