Google, Microsoft, Meta and Amazon among tech companies making $27bn from Australians
Greens say Australia should introduce a 3% tax on revenues beyond $20m if a company makes more than €750m worldwideGet our breaking news email, free app or daily news podcastThe top 16 tech companies are collectively making $26.7bn in revenue each year from Australians, a Parliamentary Budget Office analysis has found, as the Greens call for a 3% tax on the biggest players that would bring in more than $11bn.The analysis, conducted on behalf of the Greens, found in 2022-23 Google made $8.7bn across advertising and cloud services, Microsoft made $2.9bn, Meta made $1.3bn and Amazon made close to $6bn across its range of services.Sign up for Guardian Australia’s breaking news email Continue reading...
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Greens say Australia should introduce a 3% tax on revenues beyond $20m if a company makes more than €750m worldwide
- Get our breaking news email, free app or daily news podcast
The top 16 tech companies are collectively making $26.7bn in revenue each year from Australians, a Parliamentary Budget Office analysis has found, as the Greens call for a 3% tax on the biggest players that would bring in more than $11bn.
The analysis, conducted on behalf of the Greens, found in 2022-23 Google made $8.7bn across advertising and cloud services, Microsoft made $2.9bn, Meta made $1.3bn and Amazon made close to $6bn across its range of services.
Sign up for Guardian Australia’s breaking news email Continue reading...
