A separate argument against major tech firms paying more tax. 

A report from tax expert Nick Miller says companies like Google are able to skirt their dues by taking payments from New Zealand subsidiaries, listed as service fees. 

He says they could be seen as royalties, which come under a withholding tax.  

However, another independent expert in the field, Geof Nightingale, told Andrew Dickens the Trump administration would push the cost back onto New Zealand businesses and consumers. 

If we were to tax the US tech giants more, we'd be slapped with a higher tariff on exports. 

LISTEN ABOVE

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. 

A separate argument against major tech firms paying more tax.&nbsp;
A report from tax expert Nick Miller says companies like Google are able to skirt their dues by taking payments from New Zealand subsidiaries, listed as service fees.&nbsp;
He says they could be seen as royalties, which come under a withholding tax. &nbsp;
However, another independent expert in the field, Geof Nightingale, told Andrew Dickens the Trump administration would push the cost back onto New Zealand businesses and consumers.&nbsp;
If we were to tax the US tech giants more, we'd be slapped with a higher tariff on exports.&nbsp;
LISTEN ABOVE
The podcasts in the SME Stream contain&nbsp;general information only, not financial&nbsp;or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.&nbsp;

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Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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