PremiumChris KeallTechnology Editor/Senior Business Writer·NZ Herald·9 Jun, 2026 05:00 AM4 mins to readFacebook NZ had gross ad revenue of $173m, but $167m went to a Meta subsidiary in low-tax Ireland. Photo / 123RFFacebook New Zealand has reported modest revenue and profit growth for the 12 months to December 30, 2025.But as has become usual practice for tech companies, its headline numbers were net of substantial payments to related parties offshore.
The 100% owned subsidiary, ultimately controlled by Meta Platforms in the
