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> 2.5% on their advertising revenues Does anybody know if that is enough for them to care? Surely they should be paying 30% tax on profit (not revenue above)
by Humphrey 2mo ago
> 2.5% on their advertising revenues
Does anybody know if that is enough for them to care? Surely they should be paying 30% tax on profit (not revenue above) regardless. Of cause I assume they use tax havens to avoid paying Australia tax.
- brainwad 2mo agoThe profit margin on ads for both Alphabet and Meta is around 50%, so this just a 5% tax on operating profit.