New Zealand plans new tax for giants like Google, Facebook

New Zealand’s government has announced plans for a new tax targeting online giants like Google and Facebook that earn plenty of money in the country but pay little tax. (File/AFP)
Updated 18 February 2019
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New Zealand plans new tax for giants like Google, Facebook

  • Prime Minister Jacinda Ardern said Monday the current tax system isn’t fair and there is a gap that needs to be closed
  • Revenue Minister Stuart Nash said the tax could be implemented next year

WELLINGTON, New Zealand: New Zealand’s government has announced plans for a new tax targeting online giants like Google and Facebook that earn plenty of money in the country but pay little tax.
Prime Minister Jacinda Ardern said Monday the current tax system isn’t fair and there is a gap that needs to be closed.
She said the proposed digital services tax would tax multinational online companies at about 2 or 3 percent on the revenue they generate in New Zealand. She said the rate is in line with other countries considering similar taxes.
Revenue Minister Stuart Nash said the tax could be implemented next year. He said New Zealand will continue working with the Organization For Economic Cooperation and Development to find an international solution to the problems of taxing big online companies.


CEO of Qatar’s BeIn TV channel, former Athletics chief under probe for alleged corruption

Updated 22 May 2019
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CEO of Qatar’s BeIn TV channel, former Athletics chief under probe for alleged corruption

  • Investigating magistrates are considering charging Yousef Al-Obaidly with active corruption
  • There were allegation of corruption in the bidding process for this year’s World Athletics Championships in Doha

PARIS: The boss of Qatari television channel BeIn, Yousef Al-Obaidly, and ex-athletics chief Lamine Diack, have been under investigation since March over alleged corruption in the bidding process for this year’s World Athletics Championships in Doha, sources told AFP on Tuesday.
Investigating magistrates are considering charging Al-Obaidly with active corruption, while Diack will act as a key witness in the matter and will be charged with passive corruption.
The championships take place at the Khalifa International Stadium between September 27 and October 6.
Earlier this week AFP learned that Diack and his son Papa Massata Diack may go on trial in a separate matter, for allegedly obstructing sanctions against Russia for doping in return for payments.
Prosecutors have recommended Diack, who was president of the International Association of Athletics Federations from 1999 to 2015, be tried for corruption and money laundering.