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Australia's News Bargaining Incentive: Tech Tax Tightened but Scope Narrowed | Lavamgam

Technology

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Australia's News Bargaining Incentive: Tech Tax Tightened but Scope Narrowed

The Australian government has finalised its News Bargaining Incentive, a landmark tax on big tech companies like Google, Meta, and Microsoft-owned LinkedIn to force funding for Australian journalism. The final deal narrows the tax base to only digital advertising revenue over $250 million annually, but increases the levy to 2.5% for firms that refuse to strike deals with at least six local publishers.