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ITNewspapersThe New Indian Express

Australia moves to tax Meta, Google, TikTok to fund newsrooms

Binu Mathew
By Binu Mathew3 hours ago

MELBOURNE: Australia has proposed taxing digital giants Meta, Google and TikTok a proportion of their revenue to pay for news reporters.

The government released draft legislation Tuesday it intends to introduce to Parliament by July 2 that would create a financial incentive for the social media companies to strike deals with news organizations to pay for journalism.

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