> That 0$ is their NZ income tax. Obviously they pay all other taxes for their properties and employees. It is just that New Zealand and Australia have an income tax deal
>> Apple's New Zealand operations are wholly owned by an Australian parent and appear to be run from there. A tax treaty between the two countries sees dual claims on income tax default to where the company is controlled.
>> Russell, recently selected as the Labour Party candidate for the safe New Lynn electorate for September's general election, said Apple's tax arrangements were totally consistent with the law.
> So Apples NZ income tax is paid to Australia. All other NZ taxes are paid to NZ. Hilariously the tax rate in Australia is higher than in NZ
>> The accounts for Apple's New Zealand subsidiary disclose in notes that income tax is paid at 30% - the rate in Australia - not the 28% charged in New Zealand. This reference has been in every financial statement filed by Apple with the Companies Office since at least 2007.
It provides [1] as its source.
[1]: http://www.documentcloud.org/documents/3515916-Apple-2016.ht...