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NZ and Australia have a tax treaty so companies pay taxes where they're based. Apple's Aus/NZ operations are based on Australia, so they pay the (higher) Austr
by Lazare 10y ago
NZ and Australia have a tax treaty so companies pay taxes where they're based. Apple's Aus/NZ operations are based on Australia, so they pay the (higher) Australia rate to the Aus government, instead of the (lower) NZ rate to the NZ government on their NZ profits.
Meanwhile, companies based in NZ are paying no taxes in Australia. WHEN WILL THIS MADNESS END?