Gain precise reporting over Big Tech transactions in your country
Why supervising Big Tech ?
Book a call with one of our experts.
Over the last decade, revenue from social media companies have been exploding, especially since COVID and national lockdowns have strongly increased their revenue. However, revenue mobilization for governments remains low, as these social media companies are paying a minuscule amount of taxes in the country where their business is generated.
Many social media companies headquarter and invoice their transactions based in countries with especially low taxes, in order to optimize their tax rate. Hence, governments are hardly mobilizing revenue from social media advertising even if it is booming in their country.
BiT-IT [Big-Tech Imposed Taxation] is a governance solution developed by N-Soft to help governments mobilize revenue from Big Tech companies, which includes both social media companies and digital services based on subscription (like Netflix).
BiT-IT matches different sources of information to provide a precise, real evaluation of revenue generated by social media advertising and subscriptions in a country. With this visibility, governments can collect an accurate amount of taxes from social media advertising.
N-Soft, BiT-IT provides each government with real-time reports
Over the last decade, revenue from social media companies have been exploding, especially since COVID and national lockdowns have strongly increased their revenue.
Need more details? Contact us
We are here to assist. Contact us by email or via our social media channels.