internet tax tagged posts

British Newspapers Wants Facebook Tax

September 26, 2018 Taxation in UK

media license feeLONDON – British newspapers need to take back some of the money flowing to Facebook and Google, according to an industry body.

On September 25th the UK News Media Association (NMA) issued a press release calling for large internet companies to pay a license fee to fund journalism in the UK.

The NMA is claiming that “tech giants” such as Google and Facebook are seeing an increase in revenues from advertising derived by hosting and displaying articles and journalism made by UK journalist.

As the advertising revenues is “…now flowing to the global search engines and social media companies who make no meaningful contribution to the cost of producing the original content from which they so richly benefit,” revenues for publishers is plummeting.

In the 10 years between 2007 and 2017...

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EU Countries May Enact Their Own Digital Tax

September 21, 2018 International Tax Cooperation

internet taxBRUSSELS – The EU’s proposed tax on global digital companies has seen continued delays, so some member states may soon take matters into their own hands.

The Director if the Centre for Tax Policy and Administration at the OECD, Pascal Saint-Amans, has suggested that the EU may see the implementation of a temporary digital tax on the revenues of global internet giants.

The EU is currently investigating the possibility of levying a new tax on the earnings of digital behemoths such as Facebook and Google, in an effort to prevent the companies from avoiding taxation by shifting their profits away from the countries where sales are made and towards low-tax jurisdictions.

However, finding consensus on the exact details and functionality of such a tax is proving to be difficult.

Pascal Saint-Am...

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Pay Up and Fund UK Media, Jeremy Corbyn Tells Digital Giants

August 24, 2018 Taxation in UK

Jeremy CorbynLONDON – Jeremy Corbyn wants Google and other online giants to pay for a better BBC.

In a speech made at the Edinburgh TV Festival this week, the leader of the UK opposition, Jeremy Corby called for a new tax to be paid by internet giants in order to fund media in the UK.

Jeremy Corbyn referred to the internet giants such as Google and Facebook as digital monopolies which “profit from every search, share and like we make”.

He claimed that a windfall tax would be an adequate way to raise funds which could be used to pay for an improvement and expansion of “public interest media” such as the BBC.

He even indicated that the funds could be administered by an independent body, which would be charged with the betterment of media in the UK.

Alternatively, he said that the funds could com...

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Zambia to Tax WhatsApp and Skype

August 15, 2018 Taxation in Zambia

Whatsapp taxLUSAKA – Zambia wants to charge a tax on WhatsApp calls, in order to collect funds to compensate traditional telecoms businesses.

Earlier this week the government of Zambia announced that it intends to implement a daily tax on the use of internet calling services such as WhatsApp or Skype.

The new tax would be charged at a rate of ZMK 0.30 per day for each device that is used to access the relevant communications and calling networks.

The tax is targeted specifically at calling, and would not be charged if a call-capable network, such as Facebook Messenger, is used but no calls are made.

It was explained by the Information Minister Dora Siliya that the transition by many individuals to digital calls is beginning to prove troublesome for the traditional telecommunications industry.

She fu...

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Ghana Will Snoop on Phone Calls To Help Tax Revenues

July 27, 2018 Taxation in Ghana

mobileACCRA – Ghana will start monitoring all phone calls, texts, and data usage as a means of ensuring telecommunications companies pay enough tax.

Earlier this month the Human rights Court in Ghana dismissed a claim that the government’s planned mobile monitoring technology is a breach of privacy.

The monitoring system, called the Common Platform, is intended to help the government ensure that telecommunications companies are accurately reporting traffic and usage, and subsequently declaring the full extent of their incomes.

While the system is claimed to be only for the monitoring of revenues, the system would allow the government access to the contents of voice calls, data usage, and messages sent in Ghana.

Opponents of the system claim that this would breach users’ rights to privacy, a...

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