Australia to Tax Tech Giants if They Don't Pay News Outlets
Recently, the Australian government announced a significant plan to tax large tech companies that do not share revenue with local news media, drawing widespread attention. Starting from January 1, 2024, if tech giants like Meta and Google earn more than 250 million Australian dollars (about $160 million) in Australia and do not pay for content from local news media, they will face a substantial tax bill of millions of dollars. Australian Communications Minister Michelle Rowland pointed out that the explosive growth of digital platforms has "disrupted" the media landscape and poses a serious "threat" to the "viability of public interest journalism."
Ranking
