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Canada is imposing a 15% tax on streaming services to support local content (www.techspot.com)
submitted 5 months ago by to c/world@lemmy.world
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The 15% "TAX" headline is COMPLETE LIE. A misrepresentation - READ THE ARTICLE. It is NOT a TAX but a requirement that streamers spend 15% of Canadian revenue to PURCHASE or CREATE CANADIAN CONTENT. This is a Canadian content law. NOT A TAX.

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[–] [S] 22 points 5 months ago (3 children)

Rest of the world needs to do this too.

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  • [–] 17 points 5 months ago

    One thing I like is that the revenue from these taxes go explicitly to the threatened industries. So the more that Canadians stream US works, the more money there is for Canadian tv, movies and radio to compete. Too often, income like this is directed into a general revenue stream, leaving the threatened industries with the same or even less resources to compete with.

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  • [–] -2 points 5 months ago

    Yes, but no. Maybe we shouldn't have streaming cartels at all. Just focusing on enabling content creators wherever they may be, for the sake of the content. You'd be hard pressed to find less deserving less capable stewards of content, than the ones currently stewarding it.

    Honestly I wouldn't care if content I make was shown for free to everyone in the world. As long as I had housing/health/food security and self determination. As would most creative people.

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