Malaysia-US Trade Deal: US tech giants exempted from digital taxes and USP fund contribution, but what about local players? #5g #5gmalaysia #cloudserviceprovider #csp #digitalservicestax #digitaltax #dns #dnsdirection #facebook #malaysiaustradedeal #mcmc #meta #news #socialmedia #tech #telco #tradedeal #unitedstatesofamerica #us #usp #uspfunds
German Chancellor Friedrich Merz stated the Russia-Ukraine war could persist for several more months, dismissing hopes for an early resolution and reaffirming EU support for Ukraine, while also addressing digital tax policy and French political developments.
#YonhapInfomax #FriedrichMerz #RussiaUkraineWar #EuropeanUnion #DigitalTax #EmmanuelMacron #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=79451
President Trump has threatened additional tariffs and semiconductor export restrictions on countries imposing digital taxes on U.S. tech firms, escalating trade tensions.
#YonhapInfomax #DonaldTrump #DigitalTax #Tariffs #SemiconductorExport #USTechCompanies #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78713
Trump warns of new tariffs and semiconductor export curbs against nations adopting digital taxes, escalating global trade tensions.
#YonhapInfomax #Trump #Tariffs #Semiconductor #DigitalTax #ExportRestrictions #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78710
Poland is planning to join the club of EU countries with their own #digitaltax, with an EU-wide attempt having failed years back and global negotiations still ongoing.
UE elimina la digital tax per evitare tensioni con gli USA
#BigTech #DigitalTax #Economia #Finanza #Geopolitica #Politica #RecoveryFund #Tasse #UE #UnioneEuropea #USA
https://www.ceotech.it/ue-elimina-la-digital-tax-per-evitare-tensioni-con-gli-usa/
La Commissione Europea sembra aver accantonato i piani per la tassa digitale sulle grandi aziende tech. Un documento interno esclude questa misura dalle fonti di reddito per il budget UE 2028-2035. #DigitalTax #CommissioneUE #TechGiants
Grrrrr: Should keep doubling the digital #tax not drop it! - Success for Trump: #EU Commission wants to remove digital tax from #budget plan | heise online https://www.heise.de/en/news/Success-for-Trump-EU-Commission-wants-to-remove-digital-tax-from-budget-plan-10485179.html #digitaltax
#UnpopularOpinion The EU walking back on #DigitalTax will be painted as a Trump win, but I think it was a fundamentally wrong plan anyway. We already have enough laws and regulations in place to limit the power of (US) BigTechCorps. The real problem is that our authorities hesitate to actually use them.
The #EU has #dropped #plans for a #digitaltax on U.S. #techgiants like Apple and Meta: a win for #Trump amid #tradetalks. Instead, Brussels proposes new levies on e-waste, tobacco, and large EU firms. The shift aims to ease tensions and boost chances for a favorable U.S. #tradedeal. https://www.politico.eu/article/victory-eu-donald-trump-meta-tax-digital/?eicker.news #tech #media #news
German economy minister Katherina Reiche has publicly opposed a German #digitaltax, saying that we need fewer and not more trade barriers.
www.euractiv.com/section/tech...
German economy minister oppose...
German economy minister opposes national #digitaltax: #KatherinaReiche said Europe needs fewer, not more trade barriers with the US. https://www.euractiv.com/section/tech/news/german-economy-minister-opposes-national-digital-tax/?utm_source=mastodon&utm_medium=dlvr.it
New tax reforms if ChatGPT replaced Treasurer Jim Chalmers
Tired of hearing there's no money for housing, healthcare or climate action? Here's what a fairer system could look like — one that finally includes everyone, not just everyday consumers:
💼 National Turnover Levy
Big business pays a tiny 0.2% on gross revenue (not profit). If you're pulling in $100 million+, you can chip in. No more creative accounting to dodge the system.
🏢 Corporate Minimum Tax
Multinationals must pay at least 15% on Australian income. No more booking profits in Bermuda while using our roads, workers and infrastructure.
🌐 Digital Services Tax
Platforms like Google, Meta, Netflix, and Amazon pay 3% on local revenue. If they make billions off Aussie users, they should contribute something real.
📈 Financial Transactions Levy
Micro-tax on large stock trades and derivatives. Designed to rein in speculative churn and make the finance sector part of the national effort.
🛥️ Expanded Luxury Tax
Cars over $75k, watches, art, boats, and second homes above $3 million get taxed harder. Because yachts shouldn’t be cheaper to tax than bread.
🧾 GST Compliance Overhaul
Mandatory real-time reporting for businesses over $1m turnover. AI audit trails to stop GST rorts. Less fraud, more hospitals.
💰 This isn’t radical — it’s overdue. If working people have to pay their fair share, so should the rest.
#auspol #taxreform #economicjustice #taxtherich #digitaltax #bigtech #wealthinequality #banks #inequality #treasurerhal
The United States will resume trade negotiations with Canada after Ottawa agreed to withdraw its digital services tax, following pressure from President Trump and threats of new tariffs.
#YonhapInfomax #WhiteHouse #Canada #DigitalTax #TradeNegotiations #KevinHassett #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70054
UK’s Big Tech tax faces Trump trade deal uncertainty, raising questions on market fairness. #BigTech #DigitalTax #TradeDeal
https://cperegin.substack.com/p/uks-big-tech-tax-survives-trumps
Canada halts tech tax to restart trade talks with the U.S.! Will this ease tensions and lead to a new agreement? #Canada #USTrade #DigitalTax
Read more: https://ndpost.org/politics-news/world-politics/canada-suspends-tech-tax-to-revive-trade-discussions-with-the-u-s/
Canada's digital tax on Big Tech just became the world's shortest-lived policy! 🇨🇦
Faced with Trump suspending trade talks, Canada blinked first in this $2B staring contest. The 3% tax on Amazon, Google, Meta & others was set to start Monday... until it got axed Sunday night.
Nothing says "negotiating position" like immediate capitulation! 📈
Jus a quick note on this #digitaltax stuff. i find it comical that people so mad at it . so called working class so upset that meta , facebook , amazon need to pay a tax . its amazing how these idiots defend these companies they so say they hate 🤣