MELBOURNE: The Australian government said on Thursday it will tax large digital platforms and search engines unless they agree to share revenue with Australian news media organisations.
The tax would apply from January 1 to tech companies that earn more than 250 million Australian dollars ($160 million) a year in revenue from Australia, Assistant Treasurer Stephen Jones and Communications Minister Michelle Rowland said.
They include Meta, Google-owner Alphabet and ByteDance, the Chinese owner of TikTok.
The tax would be offset through money paid to Australian media organisations. The size of the tax is not clear. But the government aims to make sharing revenue with media organisations the cheaper option.
Esta historia es de la edición December 13, 2024 de Hindustan Times Lucknow.
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Esta historia es de la edición December 13, 2024 de Hindustan Times Lucknow.
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From 2025, NTA not to hold recruitment tests
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Actor Divya Dutta speaks about how good writing and good casting is the star for her, irrespective of the medium
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When Chay flew to Mumbai
Following their wedding on December 4, actor-couple Naga Chaitanya and Sobhita Dhulipala have opened up about their relationship for the first time.
'OTT IS NOW ABOUT STARS, COMEBACKS'
Actor Divya Dutta speaks about how good writing and good casting is the star for her, irrespective of the medium
When Chay flew to Mumbai
Following their wedding on December 4, actor-couple Naga Chaitanya and Sobhita Dhulipala have opened up about their relationship for the first time.
