Labor’s news bargaining incentive looks a lot like a digital services tax. Will Trump notice?
- Written by Fei Gao, Lecturer in Taxation, Discipline of Accounting, Governance & Regulation, The University of Sydney, University of Sydney
Tech giants could soon have a new multimillion-dollar motivator to negotiate deals with Australian media companies to pay for news, after details of Labor’s proposed news bargaining incentive were finally revealed this week.
On Thursday, Treasury released a new consultation paper on the mechanism, which was first announced late last year.
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