Government tax crackdown on multinationals
Inland Revenue estimates $200 million a year in extra tax revenue from the changes.
Inland Revenue estimates $200 million a year in extra tax revenue from the changes.
The government has outlined details of its crackdown on multinationals.
The announcement is not a surprise: The changes were outlined by Revenue Minister Judith Collins earlier in the year but, coming as they do as Election 2017 heats up, the timing is clearly not insignificant.
Inland