Noted (New Zealand): The Govt is making big moves on foreign speculators and Google’s low tax payment. “Although unofficial, last week was Let’s Stick it to Johnny Foreigner week. Legislation to curtail foreign investment in property headed towards the finish line, and a new net to catch the elusive big-game trophy known as Google tax was enacted unanimously.”
Channel News Asia: Ugandan groups file court challenge against social media tax. “Uganda’s new tax on social media access limits basic rights and harms business, according to a petition filed by activists to the constitutional court against a levy that civic groups and opposition parties say is onerous.”
Reuters: Uganda telecom operators to start charging social media tax. “Uganda’s major telecom operators, including the local division of South Africa’s MTN Group, said they will ask customers to pay a new government tax on social media accounts before they can access them. Last month, Uganda’s parliament passed new laws that introduced a new tax on use of so called Over The Top (OTT) services: communications platforms offered over the traditional telecom networks.”
Egypt Independent: Egypt parliament considers draft law to impose taxes on Social Media advertisements. “The Egyptian Parliament is considering a draft law presented that will impose taxes on companies which advertise on social networking including Facebook and Google.”
Techdirt: Top German Publisher Says: ‘You Wouldn’t Steal A Pound Of Butter… So We Need A Snippet Tax’. “Last week, Mike provided a virtuoso excoriation of the European publishers’ shameless demand to be given even more copyright control over tiny snippets of news stories as part of the awful EU copyright directive. As that post pointed out, the publishers’ ‘mythbuster’ did nothing of the sort, but it did indicate a growing panic among the industry as more critical attention is brought to bear on the ridiculous ‘snippet tax’ — Article 11 of the proposed new EU copyright law — which has already failed twice elsewhere.” Why do we keep going through this over and over again? SNIPPET TAXES DON’T WORK.
Yahoo News: African nations crack down on social media with new laws, taxes. “Kenya, Uganda, Tanzania and Rwanda have passed sweeping regulations on social media to bolster cybersecurity and prevent the spread of false information. But activists say the laws hurt freedom of speech. CBS News foreign correspondent Debora Patta takes CBSN through the latest.” This is a video.
The Register: Facebook stuck with IRS bill after court tosses $7 BEEELION appeal. “Facebook has lost its bid to throw out a tax bill on $7bn worth of income it had stashed overseas. A Northern District of California judge ruled in favor of the IRS this week, finding the Social Network did not have standing to challenge the tax bod’s finding that Facebook underreported its revenues via its Ireland-based subsidiary.”