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Australia plans 2% tax on tech firms unless they pay news outlets
short by Anushka Singh / on Tuesday, 28 April, 2026
Australia unveiled draft laws to levy 2.25% tax on tech firms unless they strike deals to pay local news outlets for news on their platforms. The proposed News Bargaining Incentive would tax Meta, Google and TikTok on their local revenues. "People are...getting their ⁠news directly from [these platforms]," Australia Communications Minister Anika Wells said.
read more at Moneycontrol