In May, Mitchell Siemens, VP Mitchell Siemens, a MEA public policy and government affairs, also questioned the benefits of the UK’s streaming tax while talking to the CMS Committee.
He said at the time, “Where we see levies in other services powers, then we see inflation in the market. Especially in places like Italy, local broadcasters have found that prices have increased because the costs have increased and other people are facing this time.”
The risk of tax is on large -scale streaming companies
In the UK’s interest in streaming services, according to other countries, recently emphasizes streaming providers on similar fees.
For example, music streaming, like Spatif, pays a 1.2 % tax on income income in France. Spatif blames taxes for one Increasing the 1.2 % value In the country issued in May. It is believed that France’s streaming tax center will go to National Da La Music.
Last year, Canada released 5 % tax on Canada’s streaming revenue It has been stopped as companies including Netflix, Amazon, Apple, Disney, and Spatifs Fight it in court.
Information Technology and Innovation Foundation’s think tank has been done by Lawrence Zhang, head of Canada’s Innovation and Competition Center’s Policy. Estimated As a result of a 5 % streaming tax, the average Canadian family will pay the annual additional CA $ 40.
A streaming provider group called the Digital Media Association Have been discussed That Canada’s tax “can lead to more prices and less selection of content for people in Canada.”
“As a result, you can pay more for your favorite streaming services and get less control over the less you can see or listen,” says the Digital Media Association’s website.
Streaming companies take their breath
The uncertainty of the nearby US Taxes And their Lift As a result of the global economy, newcomers, technologies, integrations and acquisitions, and even business failures have resulted in much slower -paced companies than expected, TVREV co -founder and lead analyst Alan Wulk, Identified Today, he said that the “rapid nature of executive orders coming from the White House” has a huge impact on the media industry.