US EditionAustralia plans to tax digital platforms that don’t pay for news
- Australia plans to tax digital platforms that don’t pay for news.
- The government seeks to ensure that news organizations are compensated fairly.
- This move is part of a broader strategy to support journalism.
- Consultations will be held with industry stakeholders before finalizing the policy.
147 Articles
147 Articles
It will be paid by large companies that do not share their profits with the media.
US digital companies are earning a golden nose in Europe; European challengers run the risk of being forced out of the market in the long term. The EU can come to terms with it, give up and become a digital colony — or we can do something about it. A comment.By FOCUS online editor Markus Voß
Meta, Google, TikTok Face New Australian Tax Over News Revenue
Australia has unveiled plans to implement a targeted tax on major digital platforms that don’t share revenue with news organizations, marking its latest move to regulate tech companies’ relationships with media outlets. The measure, set to take effect Jan. 1, will impact tech companies earning over AU$250 million ($159 million) annually in Australia, including Meta, Google parent Alphabet, and ByteDance’s TikTok. Australian government Assistan…
Australia wants to tax Meta, Alphabet, and other platforms if they don’t pay for news
The Australian government said Thursday it will tax large digital platforms and search engines unless they agree to share revenue with Australian news media organizations. The tax would apply from Jan. 1 to tech companies that earn more than AU$250 million ($160 million) a year in revenue from Australia, Assistant Treasurer Stephen Jones and Communications Minister Michelle Rowland said. They include Meta, Google-owner Alphabet and ByteDance, th…
Australia to tax tech firms that earn $160 mn or more but don’t pay for news
'The real objective ... is not to raise revenue -- we hope not to raise any revenue. The real objective is to incentivise agreement-making between platforms and news media businesses in Australia,' Assistant Treasurer Stephen Jones said
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