Talking of Tax/Healthcare/Student loans

Please note this sub-forum does not provide professional finance advice. You should seek advice from a licensed financial advisor.

To post in this sub-forum you must have made 100 posts or have Trust status or have completed our ID Verification.

If investing please consider our affiliate link for new accounts: Sharesies.

Forums › Finance and wealth management › Talking of Tax/Healthcare/Student loans - COME ON GOOGLE!

DaveB

1139 posts

Uber Geek
+1 received by user: 456
Inactive user

#196569 4-Jun-2016 18:32

Just noticed I had loaded the wrong debit card for my sons Google Play Music account and it was subsequently declined.

Sooooo ........... reloaded with the correct one (six months worth of subscription only) and I noticed that the charge and payment is as follows:-

Purchased from

Google Ireland Ltd.
Gordon House
Dublin 4 IE
353 1 436 1000

SO COME ON GOOGLE PAY YOUR TAX IN THIS COUNTRY!

If you want to take money from this country .... pay your tax like the rest of us!

1 | 2 | 3 | 4 | 5 | 6

3384 posts

Uber Geek
+1 received by user: 1023

Trusted

#1565777 4-Jun-2016 19:21

Did you pay tax in the purchase?

Or are you asking them to increase the price 15%

CPU: AMD 5900x | RAM: GSKILL Trident Z Neo RGB F4-3600C16D-32GTZNC-32-GB | MB: Asus X570-E | GFX: EVGA FTW3 Ultra RTX 3080Ti| Monitor: LG 27GL850-B 2560x1440

Quic: https://account.quic.nz/refer/473833 R473833EQKIBX

DaveB

1139 posts

Uber Geek
+1 received by user: 456
Inactive user

#1565802 4-Jun-2016 20:27

mentalinc:

Did you pay tax in the purchase?

Or are you asking them to increase the price 15%

I probably paid (minimal) tax in Ireland (for use of a service over here).

And yes, GST @15% based on purchases from this country is fair, but I have since recalled that this is coming in soon.

I just hope that, in time, the Govt will reign in these multi-national companies that avoid paying tax in their countries of operation. Don't you?

DarthKermit

5346 posts

Uber Geek
+1 received by user: 3317

Trusted

#1565803 4-Jun-2016 20:33

Until the government changes the law to plug this loophole, companies like Google and Apple will happily exploit it.

freitasm

BDFL - Memuneh
80646 posts

Uber Geek
+1 received by user: 41030

Administrator

ID Verified

Trusted

Geekzone

Lifetime subscriber

#1565807 4-Jun-2016 20:44

Google, Apple, Microsoft, Adobe and others probably pay less tax in New Zealand than a lot of us around here.

Referral links: Quic Broadband (free setup code: R587125ERQ6VE) | Samsung | AliExpress | Wise | Sharesies

Support Geekzone by subscribing (browse ads-free), or making a one-off or recurring donation through PressPatron.

Fred99

13684 posts

Uber Geek
+1 received by user: 10018

#1565906 5-Jun-2016 00:04

freitasm:

Google, Apple, Microsoft, Adobe and others probably pay less tax in New Zealand than a lot of us around here.

Unless of course you're wealthy enough to be able to exploit your own loopholes.

Geektastic

18009 posts

Uber Geek
+1 received by user: 8465

Trusted

Lifetime subscriber

#1566218 5-Jun-2016 23:16

DaveB:

mentalinc:

Did you pay tax in the purchase?

Or are you asking them to increase the price 15%

I probably paid (minimal) tax in Ireland (for use of a service over here).

And yes, GST @15% based on purchases from this country is fair, but I have since recalled that this is coming in soon.

I just hope that, in time, the Govt will reign in these multi-national companies that avoid paying tax in their countries of operation. Don't you?

Not really. I'm more concerned with my own tax than that of others and mostly slightly jealous they can afford better accountants than I can.

Mighty Ape

Shop now at Mighty Ape (affiliate link).

Geektastic

18009 posts

Uber Geek
+1 received by user: 8465

Trusted

Lifetime subscriber

#1566220 5-Jun-2016 23:17

Fred99:

freitasm:

Google, Apple, Microsoft, Adobe and others probably pay less tax in New Zealand than a lot of us around here.

Unless of course you're wealthy enough to be able to exploit your own loopholes.

You do not have to be that wealthy to use the tax laws to your advantage. Just entrepreneurial enough to work for yourself, mainly.

nathan

5695 posts

Uber Geek
+1 received by user: 1630
Inactive user

#1566263 6-Jun-2016 03:49

freitasm:
Google, Apple, Microsoft, Adobe and others probably pay less tax in New Zealand than a lot of us around here.

Microsoft New Zealand reported a profit of $8.1 million on revenue of $78m, paying $3.9m in tax

andrewNZ

2487 posts

Uber Geek
+1 received by user: 1461
Inactive user

#1566267 6-Jun-2016 06:40

nathan:
freitasm:
Google, Apple, Microsoft, Adobe and others probably pay less tax in New Zealand than a lot of us around here.

Microsoft New Zealand reported a profit of $8.1 million on revenue of $78m, paying $3.9m in tax

There are some rich bastards around here then. ;)

ajobbins

5053 posts

Uber Geek
+1 received by user: 1279

Trusted

#1566383 6-Jun-2016 11:30

nathan:
freitasm:

Google, Apple, Microsoft, Adobe and others probably pay less tax in New Zealand than a lot of us around here.

Microsoft New Zealand reported a profit of $8.1 million on revenue of $78m, paying $3.9m in tax

But they are still not paying tax in NZ on a lot of the profit they make in NZ.

My Office365 sub is billed out of Singapore with no GST. There is a Singaporean GST number on the invoice, but like NZ , GST is zero rated on international services, and the company tax rate is about half that of NZ.

Twitter: ajobbins

Batman

Mad Scientist
30012 posts

Uber Geek
+1 received by user: 6217

Trusted

Lifetime subscriber

#1566388 6-Jun-2016 11:37

Why is our tax so high?

HP

Shop now for HP laptops and other devices (affiliate link).

Yabanize

2351 posts

Uber Geek
+1 received by user: 583

#1566418 6-Jun-2016 12:30

I for one don't see why they should pay tax here, they are not a New Zealand company, they pay tax in their own countries, We just choose to buy from them

wsnz

654 posts

Ultimate Geek
+1 received by user: 204

#1566423 6-Jun-2016 12:43

We need to be careful what we wish for here. If international taxation laws relating to the delivery of products & services between countries is changed across most jurisdictions, NZ businesses will be adversely effected due to our bias towards exporting. The negative effect of this might offset the additional taxes collected from major corporates.

This whole issue is not quite as simple as it looks.

mattwnz

20515 posts

Uber Geek
+1 received by user: 4795

#1566463 6-Jun-2016 13:44

Yabanize:
I for one don't see why they should pay tax here, they are not a New Zealand company, they pay tax in their own countries, We just choose to buy from them

They often are an NZ registered company though, and are participating in our economy. What they are doing isn't moral IMO. It may however be legal, using loopholes in tax laws. But that doesn't mean it is right. Legal doesn't always mean moral.

mattwnz

20515 posts

Uber Geek
+1 received by user: 4795

#1566464 6-Jun-2016 13:48

wsnz:
We need to be careful what we wish for here. If international taxation laws relating to the delivery of products & services between countries is changed across most jurisdictions, NZ businesses will be adversely effected due to our bias towards exporting. The negative effect of this might offset the additional taxes collected from major corporates.

This whole issue is not quite as simple as it looks.

I don't think so becuase we have tax agreements with other countries that prevent double taxation. It is all about companies using low tax countries to funnel their profits through, rather than what most NZ companies do. Eg using Irelands tax rate, when the company is based in the US, and the transaction occurs in NZ.

1 | 2 | 3 | 4 | 5 | 6