Greens ‘Big Tech Tax’ to raise $11.5b from global giants
Greens ‘Big Tech Tax’ to raise $11.5b from global giants | Australian Greens Skip to main content Search Get Involved Join Donate Our plan Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action Policy principles & aims Our team Federal MPs State/territory MPs Officeholders Media releases Take action Volunteer Donate Issues & campaigns Events Greens Shop Leave a bequest Our movement About the Greens Become a member Jobs Green Magazine All news Get Involved Join Donate Search Our plan Toggle Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action Policy principles & aims Our team Toggle Federal MPs State/territory MPs Officeholders Media releases Take action Toggle Volunteer Donate Issues & campaigns Events Greens Shop Leave a bequest Our movement Toggle About the Greens Become a member Jobs Green Magazine All news Greens ‘Big Tech Tax’ to raise $11.5b from global giants 2025-03-06 The Greens will implement a Big Tech Tax to ensure companies like Meta, Google, Microsoft and Amazon are paying their fair share to support the Australian communities and consumers that spend billions on their services.
The policy is expected to bring in approximately $11.5b in revenue over the medium term, according to independent analysis from the Parliamentary Budget Office. Under the proposal, revenue in excess of $20 million earned from digital services in Australia will be taxed at a rate of 3%. Digital services include advertising, online marketplace services, user data, social media and cloud services.
To be captured under the tax, platforms would need to make more than 750 million in worldwide revenue. Sarah Hanson-Young is Greens spokesperson for Communications & Senator for South Australia: “Companies that trade in Australia need to pay tax on the money they make in Australia. Global tech giants are making billions of dollars in revenue in Australia while paying very little in tax.
“Parliamentary Budget Office analysis of digital service revenue shows that in 2022-23 alone, Google raised more than $8.7billion, Amazon almost $6b, while Microsoft and Uber both earned over $2.9b. “It’s time the tech giants and the billionaire tech bros paid their fair share back to the Australian community. “A tech tax would raise approximately $11.5 billion over the medium term which could be invested in essential public services, like dental into Medicare and cost of living relief.
“We know this works overseas and it can work here. At least 12 other countries already have a Digital Services Tax including the UK, Canada, France, Italy, Spain, Austria, Portugal. “A digital services tax is the first step in reining in the astronomical power that big tech companies currently wield.
Not only are they making super profits, they are harvesting and selling the personal data of millions of Australians and ripping off Australian journalists and creators. “These big foreign owned corporations make huge profits off Australians and resist regulation at every turn. It’s time they paid their fair share of tax.
“With a power sharing Parliament likely, the Greens will push for this policy after the election. “We need to stand up for our national interest against Donald Trump’s billionaire oligarchs like Zuckerberg, Musk, and Bezos.” Facebook for the Australian Greens YouTube for the Australian Greens X for the Australian Greens Instagram for the Australian Greens Bluesky for the Australian Greens Privacy Members website Your safety Contact us Our plan Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action In your language 2025 policy platform Policy principles & aims Our team Federal MPs State/territory MPs Officeholders Federal portfolios Federal media releases Take action Volunteer Donate Issues & campaigns Upcoming events Greens Shop Leave a bequest Green Magazine All news Our movement About the Greens Become a member Jobs Members website State/territory parties Contact us The Greens acknowledge the Traditional Owners of country throughout Australia and recognise their continuing connection to land, waters and culture.
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