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New Zealand plans 'Amazon Tax' for people buying online
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WELLINGTON, New Zealand (AP) — New Zealand announced plans Tuesday to start taxing people who buy books, shoes and other small items online from abroad in a measure many people are calling the "Amazon Tax." Revenue Minister Stuart Nash said the government plans to close a loophole that allows people to buy low-cost items from abroad without paying the 15 percent tax imposed on goods sold in New Zealand stores. The new system would levy the same tax and must be approved by lawmakers.