The home pages of Meta, Google and TikTok are displayed on devices in Sydney, Tuesday, April 28, 2026. Rick Rycroft/AP
Rick Rycroft/AP
MELBOURNE, Australia — Australia has proposed taxing digital giants Meta, Google and TikTok a proportion of their revenue to pay for news reporters.
The government released draft legislation Tuesday it intends to introduce to Parliament by July 2 that would create a financial incentive for the social media companies to strike deals with news organizations to pay for journalism.
The platforms’ criticisms included that the proposal was a “digital services tax” that misunderstood the evolving advertising industry and