Government dragging its heels on Apple tax: LabourCAMERON BURNELLl/FAIRFAX NZ Judith Collins is promising a crackdown on multinational tax. Revelations that electronics giant Apple is paying zero tax in New Zealand is just the tip of the iceberg, says Labour. Apple sales in New Zealand over that period were $4.2 billion, according to the newspaper. "This is the tip of the iceberg.....Cabinet was officially warned about the huge scale of multi-national tax avoidance five years ago." Revenue Minister Judith Collins recently announced measures to tackle the "minority" of international companies exploiting the rules to avoid paying tax.

Source: Stuff March 19, 2017 06:00 UTC