Who decides who gets subsidized by facebook or not? Seems like the government wants their propaganda subsidized
One of the legislation changes Facebook negotiated was if they have ‘enough’ commercial agreements in place, the code won’t apply to them.
I’d love to see a definition of ‘enough’
* edit for autocorrect
Also worth pointing out that FB’s tax bill in Australia is pretty minimal (rightly or wrongly). The tax on these payments could easily end up being worth more than Facebook’s tax bill in Australia.
FB’s Australian revenue last year was $2.2 billion on which they paid $13.5 million in tax (https://www.afr.com/companies/media-and-marketing/google-fac...).
Actually if you think of these measures as a creative way around US strong arming on a digital services tax they make a lot more sense despite the legislation itself being a weird mess.