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Australia and New Zealand are signing up for an international tax on the tech giants — but will it be enough?

  • Written by Victoria Plekhanova, Lecturer, Massey University
Australia and New Zealand are signing up for an international tax on the tech giants — but will it be enough?www.shutterstock.com

Australia, New Zealand and many other countries are losing hundreds of millions of dollars in revenue each year by not adequately taxing the profits of digital giants doing business in their jurisdictions.

Australia has opted not to impose a digital services tax (DST) on the likes of Google, Facebook, Amazon, Uber and Airbnb....

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