Revealed: Millions in taxpayer dollars sent offshore to Big Tech (opens original article in a new tab)
Foreign big tech companies in New Zealand divert most revenue offshore through subsidiaries in Ireland or Singapore, sending millions in taxpayer dollars abroad as licensing fees, purchases, or service fees.
- Foreign big tech companies in New Zealand send most revenue offshore through subsidiaries in Ireland or Singapore
- Revenue is redirected as 'licensing fees', 'purchases', or 'service fees'
- Millions in taxpayer dollars are sent offshore
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