Australia Proposes Tech Giant Levy to Fund Local News
Australia plans to introduce a 2% levy on major tech companies such as Meta, Google, and TikTok, unless they agree to pay local news organizations for their content. This proposed tax aims to fund newsrooms and support journalism in the country.
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Australia moves to tax Meta, Google and TikTok to fund newsrooms - AP News
Australia moves to tax Meta, Google and TikTok to fund newsrooms AP News
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Government’s draft news bargaining incentive scheme includes 2.25% levy on local revenues of digital giants Anthony Albanese has urged Google, Meta and TikTok to make deals with Australian media outlets to avoid a dedicated 2.25% levy on local revenues, warning digital giants should not be able to exploit the work of journalists to boost profits. Releasing an exposure draft for the government’s news bargaining incentive (NBI) scheme on Tuesday, the prime minister said platforms who sign new d...
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Australia unveiled draft laws on Tuesday that would force Meta, Google and TikTok to pay local publishers for news content or face a levy worth 2.25 percent of their Australian revenue, in a major push to support struggling media outlets and curb the dominance of global tech platforms.
By FRANCE 24
Read full article →Australia unveils laws that could force tech giants like Google and Meta to pay for news
Tax could be about 2.25 per cent of a platform’s Australian revenue
By Vishwam Sankaran
Read full article →Australia to tax tech giants unless they pay news outlets
Australia has unveiled draft laws that will tax tech giants Meta, Google and TikTok unless they voluntarily strike deals to pay local outlets for news.
Read full article →Australia to charge big tech companies 2% levy unless they strike local news deals
A proposed News Bargaining Incentive would tax Meta, Alphabet's Google, and TiKTok 2.25% on their local revenues unless they struck agreements with local media
By Reuters
Read full article →Australia mulls levy on tech giants of around 2% to fund newsrooms
The Australian government has proposed taxing digital giants, including Meta Platforms, Google and TikTok, a proportion of their revenue or about 2% to pay for news reporters. The...
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