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Big Tech Compliance Tracker: Amazon Looks To Increase Fees With Digital Tax In Spain; Google Might Make Search Inaccessible In Australia

PYMNTS

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. . Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . Google Raises Specter of Making Search Inaccessible in Australia.

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Facebook, Google Targeted In Revised Franco-German Tech Tax

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France and Germany have come up with a compromise for a European Union (EU)-wide digital tax, abandoning a wide-ranging 3 percent tax on revenues generated by ad sales in the digital economy. According to the Financial Times ( FT ), the new version would target tech giants like Facebook and Google through their sales of advertising.

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Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax; Amazon Gets FAA’s OK For Drone Delivery 

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Here’s the latest news for Big Tech’s Google , Amazon , Apple and Facebook , which are coming under increasing scrutiny from legislators and regulators the world over. In addition, the legislation would make sellers pay a third of commissions to a dedicated training fund for technology specialists each quarter. Regulation.

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Indonesia Levies 10 Pct Tax On Sales From Tech Firms

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Starting next month, it will cost Amazon, Netflix, Spotify and Google more to do business in Indonesia. The tax is in response to an expected 13 percent drop in state collections as the coronavirus took its toll on revenues. Amazon Web Services, Google and Spotify did not respond to requests for comment.

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Facebook, Google Pressured In India Over Privacy, Taxes

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Govindacharya have asked lawmakers in India to call leaders of Google and Facebook to the country to ask them about data privacy and their compliance on tax laws, according to a report from Reuters. The group is asking a parliamentary panel on information technology to investigate the tech giants.

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Nations Move Toward Imposing ‘Digital Taxes’ On Big Tech

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Governments around the world are setting their sights on putting a variety of digital taxes on Big Tech giants. France has long been angling to levy digital taxes, although such moves have become a bone of contention with the United States and have faced significant delays. billion of French goods. billion of French goods. Indonesia .

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

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Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report. Regulation.

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