Australia plans 2. 25 % levy on Meta, Google, TikTok unless they strike local news deals
The Australian government said on Tuesday that Meta, Alphabet’s Google and TikTok could face multimillion-dollar charges if they did not negotiate deals to pay local media outlets for news on their platforms.
A proposed News Bargaining Incentive would tax the three big tech companies 2.25% on their local revenues unless they struck agreements, with the proceeds to be directed to news companies to boost Australian journalism.
