An edition of Options for taxing the digital economy (2019)
Options for taxing the digital economy
A Government discussion document
By Hon Grant Robertson, Minister of Finance,Hon Stuart Nash, Minister of Revenue
Publish Date
2019
Publisher
Policy and Strategy, Inland Revenue, New Zealand
Language
eng
Pages
63
Description:
A New Zealand Government consultation document seeking feedback on options for taxing the digital economy. Options proposed include introducing a digital services tax of 2-3% on gross turnover for certain digital services providers, and options being considered by the OECD. The OECD is considering two broad measures: one to allocate greater taxing rights over a multinational’s profits to market countries, and the other is that multinationals pay a minimum level of tax on profits earned in low tax countries.