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Australia could face pressure for its heavy taxation of multinational corporations like Google and Meta.
President Donald Trump delivers remarks on natural disaster preparedness in the Oval Office at the White House on June 10, 2025. Anna Moneymaker/Getty Images
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Australia may be forced to overhaul its domestic tax rules amid pressure from the Trump administration’s “One Big Beautiful Bill Act” (OBBA) that recently passed the U.S. House of Representatives.
The bill, currently under Senate consideration, includes Section 899, which could be used to penalise countries deemed to implement “unfair foreign taxes” on U.S. multinational corporations.
