Prime Minister John Key says he has delivered a blunt message to Facebook founder Mark Zuckerberg that the social media firm has a public relations problem over not paying its fair share of tax.
Key talked to the billionaire businessman on the margins of the Apec summit in Peru during a conversation that included Canada's Prime Minister Justin Trudeau and Mexican President Enrique Nieto.
"I was reasonably blunt. I said I thought Facebook did have an issue in terms of its global tax, with the perception of its tax policy. And I thought he needed to change that," Key said.
"It wasn't so much whether they paid their fair share of tax in New Zealand ... Maybe they do maybe they don't - I can't assess that."
Key said as a company Facebook had a public relations issue and should think about how to resolve that, or demonstrate to the world that they did pay their fair share of tax. Full story...
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Key talked to the billionaire businessman on the margins of the Apec summit in Peru during a conversation that included Canada's Prime Minister Justin Trudeau and Mexican President Enrique Nieto.
"I was reasonably blunt. I said I thought Facebook did have an issue in terms of its global tax, with the perception of its tax policy. And I thought he needed to change that," Key said.
"It wasn't so much whether they paid their fair share of tax in New Zealand ... Maybe they do maybe they don't - I can't assess that."
Key said as a company Facebook had a public relations issue and should think about how to resolve that, or demonstrate to the world that they did pay their fair share of tax. Full story...
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