An Australian Government plan to introduce a digital levy on global digital companies including Google, Facebook and Uber is gaining support from senators.
The digital economy tax proposal would reportedly operate like a sales tax, with digital companies to pay a “GST-style levy” on advertising. The levy could see brands and advertisers charged more to cover the increased tax costs.
Australian senators have expressed support for the proposed digital levy and agreed to support the federal government’s AU$176bn tax plan if the levy is confirmed.
The government is currently lobbying votes for an AU$140bn income tax cut plan and an AU$35.6bn plan to Read full story ›
Source: The Drum
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