Simon Watts: Revenue Minister admits Donald Trump was a factor in scrapping Digital Services Tax Bill

episode

Best of Business not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Best of Business

Jannet Xuccoa: When's the right time for a trust? 44 min · 21 Dec 2025

All episodes from Best of Business →

Report any issue

Source

Recorded21 May 2025

Publisheromnycontent.com ↗

Handlerec:7246697

Show notes

The Revenue Minister says Donald Trump was a factor in scrapping the incoming Digital Services Tax Bill. A legacy of the last Government, it would've imposed a three percent tax on revenue from Kiwis - earned by the likes of Facebook and Google. The US President has called such legislation 'overseas extortion', and said he'd act against it. Simon Watts says they considered recent developments, including in the US. "But at the end of the day - I took a look at this tax, we've been looking at it a bit and it's got some real drawback - and we've made the decision to pull it from the agenda." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.