The Australian government says it will tax large digital platforms and search engines unless they agree to share revenue with Australian news media organizations. Officials say the tax would apply from Jan. 1 to tech companies that earn more than $160 million a year in revenue from Australia. Companies subject to the tax would include Meta, Google, Alphabet and ByteDance. Anne Gaviola has this story and more in Business Matters for Thursday, Dec.12, 2024.
Australia
Business Matters: Australia plans to tax digital platforms that don’t pay for news
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