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They sell goods and services to people with a physical presence in New Zealand. New Zealand supplies the infrastructure to make these sales possible. So why sho
by xupybd 10y ago
They sell goods and services to people with a physical presence in New Zealand. New Zealand supplies the infrastructure to make these sales possible. So why should it even matter?
- mason240 10y agoAnother comment has cited that they do pay taxes for their properties and employees, covering their presence.
- ucaetano 10y agoBecause we're talking about corporate profit taxes, not sales taxes. They already pay sales taxes in NZ (or collect from customers). >> Apple's New Zealand operations are wholly owned by an Australian parent and appear to be run from there. A tax treaty between the two countries sees dual claims on income tax default to where the company is controlled.
- tonfa 10y agoSo if an NZ company sells products in Europe or US or Australia, they should be taxed in all those countries instead of NZ even if the product is fully developed in NZ?
- valuearb 10y agoBecause you shouldn't owe income tax to a country you don't reside in. If a NZ citizen buys from Apple.com and has it shipped to NZ, why should Apple owe both the US and NZ income tax? Sales taxes are a different issue.
- charlesdm 10y agoCorporate taxes should be paid, for the most part, where the IP for the product is created and/or held. In addition, take off the Apple brand, and you're left with a phone you can't sell for a premium anymore.