
16 Sep
2020
16 Sep
'20
3:17 p.m.
The Overseas Investment Office has approved <https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12365441> Microsoft’s proposal to build a cloud data centre in Auckland:
The applicant was Microsoft NZ - 100 per cent owned by a Bermuda entity but ultimately controlled by Microsoft Corporation in the US.
Wonder why Bermuda is involved ...
Taxes, I presume... https://en.wikipedia.org/wiki/Tax_haven#Top_10_tax_havens Cheers, Peter -- Peter Reutemann Dept. of Computer Science University of Waikato, NZ +64 (7) 858-5174 http://www.cms.waikato.ac.nz/~fracpete/ http://www.data-mining.co.nz/