Meta platforms inc has updated its terms allowing the tech giant to share information with tax and investigative authorities from January.
Meta, the company that owns Facebook, WhatsApp and Instagram has handed the tax authorities a new tool to net businesses using its platforms to make money.
Part of the updated terms states that entrepreneurs using the platform to advertise or sell their products will automatically offer their consent for sharing of dealings of the business persons to a governmental entity or body if it believes that disclosure would assist in a lawful investigation.
“You will pay all expenses associated with such collection, including reasonable legal fees. Past due amounts will accrue interest at 1.0 percent per month or the lawful maximum, whichever is less,” the company said.
“Meta may classify clients as invoiced clients based on factors such as ad spend and creditworthiness. You understand that, from time to time, we run tests on our Self-Serve Ad Interfaces and related systems, which may affect your use and experience thereof, including campaign performance,”
“If you are making direct debit payments, you agree that we can charge you any amount that falls within the range that you agreed to upon sign-up. We will notify you in advance if any charge will exceed the agreed-upon range.” the terms of service read in part.
According to analytics by the firm Statista, Kenya has over 12 million Facebook users, about two million Instagram users and 22.2 million daily WhatsApp users in 2022.
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