A new levy on digital giants like Google, Facebook and eBay is a step towards a fairer way of taxing
- Written by Antony Ting, Associate Professor, University of Sydney
The government is reportedly considering a new tax on the digital economy. While no details of the tax are available yet, the digital services tax recently proposed by the European Commission may give us an idea what the tax might look like.
In essence, the proposal will impose a 3% tax on the turnover of large digital economy companies in the...