1.

Record Nr.

UNINA9910279733703321

Autore

Fuchs Christian <1976->

Titolo

The online advertising tax as the foundation of public service internet : a CAMRI extended policy report / / Christian Fuchs

Pubbl/distr/stampa

London, England : , : University of Westminster Press, , 2018

ISBN

1-911534-93-9

Descrizione fisica

1 online resource (98 pages) : PDF, digital file(s)

Collana

CAMRI policy briefs

Disciplina

336.278

Soggetti

Internet marketing - Taxation

Media studies

Public administration

Media, information & communication industries

Information technology industries

Laws of Specific jurisdictions

Ethical & social aspects of IT

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Sommario/riassunto

"Online advertising will soon form the largest share of global advertisement revenues. Google and Facebook netted profits of US $29 billion in 2016. While these two giants control more than 66% of all online advertising revenues complex legal company structures have minimised their tax liabilities. This extended policy report considers where they should be taxed and where the value of their activities is actually created. It argues that tax paid by those platforms should be levied in the country where platform users are located when they click on or view an advertisement. Furthermore, the report examines the practical steps needed to ensure transparent accounting of taxed transactions in order to avoid long term negative effects for media and democracy.Cnsidering counter-arguments the author makes the case for an online advertising tax alongside a public service Internet strategy that could support other viable platforms and counter the dangers of duopoly or oligopoly and the high risks of financial bubbles in a world where advertising is the Internet's dominant business model."