Additional tax for those who do not pay for news content

Additional tax for those who do not pay for news content

Communications Minister Michelle Rowland and Deputy Treasury Secretary Stephen Jones announced that the tax will be applied to technology companies that generate more than A$250 million (US$160 million) in revenue from Australia annually from January 1, 2025. These companies include Meta, Google, Alphabet and ByteDance. The government’s new tax will be offset by money paid … Read more