Story perspectives

Tech Giants Evade $130M in NZ Taxes, Report Reveals

9/13/2025

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Summary

Story summary

Tax Justice Aotearoa's report indicates that global tech firms evade significant taxes in New Zealand, with a potential $130 million in revenue from reclassifying service fees.
Google and Amazon report high revenues but pay minimal taxes due to substantial service fees to parent companies.
Nigeria has collected over N600 billion in VAT from major digital platforms, reflecting global tax practices.
The UK TUC advocates for higher taxes on online gaming and bank profits.
International tax reform, including a minimum tax proposal, faces challenges, especially from the US.

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Story summary

Tax Justice Aotearoa's report indicates that global tech firms evade significant taxes in New Zealand, with a potential $130 million in revenue from reclassifying service fees.
Google and Amazon report high revenues but pay minimal taxes due to substantial service fees to parent companies.
Nigeria has collected over N600 billion in VAT from major digital platforms, reflecting global tax practices.
The UK TUC advocates for higher taxes on online gaming and bank profits.
International tax reform, including a minimum tax proposal, faces challenges, especially from the US.