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Australia Tax on Meta, Google, TikTok Funds News

4/28/2026

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Summary

Story summary

The Australian government unveiled legislation to levy a 2.25 % tax on Meta, Google and TikTok unless they strike news-content deals.
Communications Minister Anika Wells said levy’s proceeds will go to news organisations according to the number of journalists they employ.
Meta, Google and TikTok rejected the plan as a digital services tax.
Prime Minister Anthony Albanese said Australia will act in its interest despite opposition from U.S. President Donald Trump.

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Story summary

The Australian government unveiled legislation to levy a 2.25 % tax on Meta, Google and TikTok unless they strike news-content deals.
Communications Minister Anika Wells said levy’s proceeds will go to news organisations according to the number of journalists they employ.
Meta, Google and TikTok rejected the plan as a digital services tax.
Prime Minister Anthony Albanese said Australia will act in its interest despite opposition from U.S. President Donald Trump.