Similar Stories to Meta, Google, Tiktok Face New Australian Tax Over News Revenue on Bing News

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   
BING NEWS:
  • 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 ...
    12/12/2024 - 9:49 pm | View Link
  • Australia To Introduce ‘News Tax’ On Tech Companies
    The Australian government plans to introduce a levy on social media companies and search engines to force them to pay for journalism after Meta, the owner ...
    12/12/2024 - 8:35 am | View Link
  • 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,’ A ...
    12/12/2024 - 2:57 am | View Link
  • Google, ByteDance, Meta Face Australian News Tax—Big Tech Responds
    The Australian government has proposed new rules to force platform operators to share revenue with the publishers of news content they host. Building on the ...
    12/12/2024 - 1:51 am | View Link
  • Australia's new tax plan targets big tech for media revenue
    According to reports, the new rules aim to protect media companies struggling with reduced advertising revenue and job losses among journalists.
    12/12/2024 - 12:50 am | View Link
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