TechJaJa: How is Uganda’s Social Media Tax impacting Citizens Two years later?

TechJaJa: How is Uganda’s Social Media Tax impacting Citizens Two years later?. “As of 23rd March 2020, Uganda has only confirmed one case of the novel coronavirus. The President of Uganda recently issued directives which saw all schools in Uganda closed effective March 20, all gatherings banned, the border’s closed, international flights banned, citizens urged to stay home and many others in order to curb the spread of the virus. But some of the measures for curbing this virus such as having people work remotely, students study at home and an increased reliance on digital transactions, are all hindered by Uganda’s social media and the mobile tax that was introduced in the country in July 2018. “

CNN: US tech companies will be hit with new UK tax in just three weeks

CNN: US tech companies will be hit with new UK tax in just three weeks. “Britain will start charging a tax on digital services in three weeks despite fierce opposition from Big Tech and the US government. The UK government said Wednesday that it’s moving ahead with a 2% tax on revenue from digital services such as search and advertising starting on April 1.”

Bloomberg: When Big Tech Goes Green, Taxpayers Help Foot the Bill

Bloomberg: When Big Tech Goes Green, Taxpayers Help Foot the Bill. “Google is hardly the only company to shield its identity as it negotiates with local governments and utilities. The practice is becoming standard among the technology industry’s biggest companies. As it builds out its data center footprint, Facebook consistently conditions potential deals on the utmost secrecy.”

Route Fifty: Taxing Internet Ads Could Raise Lots of Money, but Doubts Persist

Route Fifty: Taxing Internet Ads Could Raise Lots of Money, but Doubts Persist. “Massive amounts of money are at stake in the fights. Facebook and Google are expected to account for about half of the $385 billion global digital ad market in 2020, according to eMarketer, a firm that tracks digital advertising. Facebook alone could make between $38 million and $76 million in a one-time sale of users’ data, according to an estimate by Investopedia, a financial advice website.”

The Next Web: The US takes Facebook to court over $9 billion in (allegedly) unpaid taxes

The Next Web: The US takes Facebook to court over $9 billion in (allegedly) unpaid taxes. “Facebook is squaring off against the US over more than $9 billion in allegedly unpaid taxes, Financial Times reports. The US‘ Internal Revenue Service (IRS) says Facebook intentionally ‘downplayed’ intellectual property (IP) it transferred to a subsidiary in Ireland in 2010.”

Brisbane Times: Google Australia gets cash injection after tax stoush

Brisbane Times: Google Australia gets cash injection after tax stoush. “Google Australia has quietly received a $310 million injection of funds from its California-based parent company, a month after reaching a settlement with the Australian Tax Office. Documents lodged with the corporate regulator at the end of January show Google Australia issued 310 million new shares to Google International at a nominal price of $1 per security.”