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New Zealand To Levy New ‘Amazon Tax’ On Low Cost Goods Bought Abroad Over E-Commerce Platforms
Boxes moving along a conveyor belt at an Amazon fulfillment centre in California (Justin Sullivan/Getty Images)
In an apparently protectionist move, the New Zealand government has mooted a proposal to levy an additional tax on people purchasing books, shoes and other items from online platforms such as Amazon, reports The Associated Press. The tax, dubbed the Amazon Tax by many has found favour with retailers in the country.
Globally, several countries are grappling with tax leaks caused due to e-commerce platforms. New Zealand’s neighbour Australia plans to start taxing such goods by the end of the current year while the European Union plans to do the same by 2021.
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