Canada will tax online streaming companies to fund local broadcasters

The Canadian Radio-television and Telecommunications Commission (CRTC) is imposing a new tax on online streaming services, requiring Netflix, Amazon, and other major companies to contribute five percent of their Canadian revenue to the local broadcasting system. This tax is part of the recently approved Online Streaming Act (OSA), designed to...Read Entire Article

Jun 6, 2024 - 22:30
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Canada will tax online streaming companies to fund local broadcasters

The Canadian Radio-television and Telecommunications Commission (CRTC) is imposing a new tax on online streaming services, requiring Netflix, Amazon, and other major companies to contribute five percent of their Canadian revenue to the local broadcasting system. This tax is part of the recently approved Online Streaming Act (OSA), designed to...

Read Entire Article