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US Treasury: Taxes On Digital Companies Are Discriminatory

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Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. Treasury’s top international tax official, called the taxes “ill-conceived,” and said the better option was to go after tax reform internationally at the Organisation for Economic Co-operation and Development ( OECD ).

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Big Tech Compliance Tracker: Facebook Faces $6.06 Million Fine From South Korea; Big Tech Tax Becomes Due In France

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million of the 18 million users of the social media company in Korea was given to operators beyond Facebook without them knowing between May 2012 and June 2018. to the nation’s prosecution for a criminal probe. The ministry had decided that the tax would be collected beginning in December if discussions dragged on.

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India

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The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction. The services are not currently registered as distinct entities, although they are provided to users in the nation. The support comes before a planned Sept.

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Employee Advocacy Prompts Google To Approve European Work Council

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lawmakers are reportedly introducing a digital services tax of as much as 2 percent of revenues tied to business activities in the country. The government has said the tax is aimed at “large multi-national enterprises with revenue derived from the provision of a social media service, a search engine or an online marketplace to U.K.

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Big Tech Compliance Tracker: Google Faces Questions Over Digital Ads; Australian Watchdog Says Facebook’s Proposed Ban On News Sharing Would Be Its Loss

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European Commission Vice President Vera Jourova said the new European Democracy Action Plan aims to fight online disinformation that could influence elections in EU countries. EU Undecided Whether To Appeal Ruling Upholding Apple’s Irish Tax Breaks . EU Will Implement Digital Tax Next Year Unless Global Rules Pass .

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Big Tech Compliance Tracker: France Fines Amazon And Google $164 Million; Australia Warns Facebook And Google To Pay News Firms 

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Australian Treasurer Josh Frydenberg put forward the News Media and Digital Platforms Mandatory Bargaining Code and unveiled the particulars of his roadmap for Australia to become the first nation to make online platforms pay media for news. The legislation does not specify the manner in which a payment would be handled.

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Robots Sizzle, Tax Reform Fizzles And Facebook Raises Eyebrows With Its Timing

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The social media giant had lots of things to announce this week at F8 : new features, like the “clear history” button; upgrades, like the video chat enhancements coming to Instagram and Snapchat and redesigns, like the great streamlining of Messenger. start online,” CEO Mark Zuckerberg said in his presentation at F8 this week. “[But]

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