The UK has become the first country to slug big technology firms with a tax based on revenue, with the Chancellor Phillip Hammond introducing a digital services tax from April 2020 onwards.
South Korea intends to tax Amazon, Google, Apple and other multinational technology companies, as these enterprises earn billions of dollars within the country and pay no taxes under existing rules.
Australia and the national broadband network are the “odd one out” as internationally there is a rapid development of wholesale-only providers who, in general, are building fibre-only networks aimed at the emerging market of the gigabit society, according to telecoms analyst Paul Budde.
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