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From Microsoft’s Endorsement of Australia’s Proposal on Technology and the News - Microsoft On the Issues
Microsoft endorsed an Australian proposal that would require tech gatekeepers like Facebook and Google to share revenue with local independent news organizations. Microsoft’s endorsement followed a statement by Google that it would pull its search service out of the country if the Australian Parliament approves the proposal. Facebook similarly said that if the proposal is adopted, it would stop Australian users from sharing news on its Facebook and Instagram platforms. Microsoft instead committed that its Bing search service would remain in Australia and that it is prepared to share revenue with news organizations under the rules that Google and Facebook are rejecting
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www.business-standard.com
EU ready to follow Australia's lead on making Big Tech pay for news
Also from Facebook’s loophole cuts GST bill – The Australian Financial Review
The goal of the legislation was to even the playing field with local companies that had to charge GST notably Netflix which competed with Stan, owned by Nine Entertainment, which publishes The Australian Financial Review
An Australian government bill to closing up Facebook’s loophole that cuts GST (Goods And Sales Tax) bill.
It's time for sovereign state powers to enforce existing tax policies against Big Tech.
Microsoft endorsed an Australian proposal that would require tech gatekeepers like Facebook and Google to share revenue with local independent news organizations. Microsoft’s endorsement followed a statement by Google that it would pull its search service out of the country if the Australian Parliament approves the proposal. Facebook similarly said that if the proposal is adopted, it would stop Australian users from sharing news on its Facebook and Instagram platforms. Microsoft instead committed that its Bing search service would remain in Australia and that it is prepared to share revenue with news organizations under the rules that Google and Facebook are rejecting
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EU ready to follow Australia's lead on making Big Tech pay for news
Facebook has also warned it will stop users in Australia from sharing news if the legislation is passed in its current form
Also from Facebook’s loophole cuts GST bill – The Australian Financial Review
The goal of the legislation was to even the playing field with local companies that had to charge GST notably Netflix which competed with Stan, owned by Nine Entertainment, which publishes The Australian Financial Review
An Australian government bill to closing up Facebook’s loophole that cuts GST (Goods And Sales Tax) bill.
It's time for sovereign state powers to enforce existing tax policies against Big Tech.
