Facebook, Google and TikTok to fund Australian journalism under new tax plan
By political reporter Tom Crowley for the ABC
The tax, which could also apply to Apple and Microsoft, would be applied to the platforms' Australian revenue.
Photo: Victor Okhrimets / 123RF
Facebook, Google and TikTok will be forced to fund Australian journalism, even if they do not host it, under a federal government plan to impose a new tax aimed at encouraging the tech platforms to establish funding agreements with news organisations.
The tax, which could also apply to Apple and Microsoft, would be applied to the platforms' Australian revenue, but can be reduced to zero if they sign agreements similar to those Google and Meta (the owner of Facebook) signed in 2021, including with the ABC.
The expiration of those agreements, and Meta's threat not to renew them, made the government r...