Meta, Google, Tiktok Face New Australian Tax Over News Revenue

Naman Ramachandran, Variety
Fri, 12/13/2024 - 3:21am

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, […]

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Topics:  jan   australia   meta   au   tax   news   revenue   tech   million   companies   
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