Prime Minister Jacinda Ardern announced last month that the Government would release a discussion document in May that would canvass a "digital services tax" on the New Zealand revenues of overseas multinationals. Social media and online advertising companies such as Google as Facebook, as well as eBay and Uber would be in the frame. AP Facebook and Google are among companies that might be hardest hit by any unilateral tax measures the Government took. LISA MAREE WILLIAMS/GETTY IMAGES What is at stake is the sharing of the "tax pie" OECD tax policy director Pascal Saint-Amans says. "What is at stake is how do you 'share the pie', either on highly digitalised business models or more broadly," OECD tax policy director Pascal Saint-Amans said.

Source: Stuff March 23, 2019 20:01 UTC