Australia plans tax on google TikTok #australia #breakingnews #youtubeshorts #geopolitics #google

Under a proposed News Bargaining Incentive, the platforms would be taxed 2.25% on their local revenues unless they reach agreements with publishers, with funds redirected to support Australian journalism. Officials say the move is aimed at ensuring tech giants contribute fairly to the news ecosystem they benefit from.

"People are increasingly getting their ⁠news directly from Facebook, from TikTok and from Google, and we believe it's only fair that large digital platforms contribute to the hard...

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