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NZ tax base at risk from go-it-alone digital tax

New Zealand should drop its plan to try and tax borderless digital economy firms and focus instead on a "very damaging threat" from global proposals to change how exporters' income is taxed internationally.

John Cuthbertson, of Chartered Accountants of Australia New Zealand, says the country needs to be careful that the "tokenism" of the proposed unilateral digital economy levy doesn'

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