Facebook will charge 6% digital tax for ads starting next year


Facebook ads in Malaysia will be subject to a 6% digital tax starting January 2020, confirms the social media company. — AFP

Starting next year, Facebook will implement the 6% digital tax for advertisements in Malaysia.

On its help page, the social media company explains this will affect advertisers whose “Sold To” country listed on their business or personal address is set to Malaysia.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 53
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Tech News

Italy's De Nora teams up with GES on hydrogen battery project
Elon Musk, Twitter have yet to reach deal to end court battle -sources
As EV sales grow, battle over U.S. road weight limits heats up
Spotify acquires firm that detects harmful content
Lawmakers press U.S. Commerce for tougher checks on semiconductor chip subsidies
MENA emerges as world's fastest-growing crypto adopter -study
Dad of two dies after GPS directs him to washed-away bridge, North Carolina family says
Video game maker CD Projekt rises after strategy update, share buyback
Apple will be forced to use new charger after EU votes for USB-C
US Senators push to reform police’s cellphone tracking tools

Others Also Read