Friday, February 10, 2017

California bill doesn"t want Netflix to be taxed like a utility

Proposed legislation in California aims to prohibit video-streaming services, such as Netflix, Hulu and YouTube, from being taxed as utilities by local municipalities. The AB 252 bill, called the Streaming Tax Relief of Entertainment And Movies (STREAM) Act of 2017, was introduced by assembly member Sebastian Ridley-Thomas to “safeguard high tech innovation” in his state. This comes after the city of Pasadena had previously worked to introduce a nine percent Utility User Tax for streaming services, although those plans from 2008 didn’t pan out.

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