Canada is now taxing streaming services to “fund local content”
(media.kotakuinaction2.win)
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They'll just charge Canadians more.
$15 Netflix in US will be $20 Netflix in Canada.
Just another tax on dumb people who can't figure out how to pay for US Netflix or safely torrent.
I believe I have cracked the case.
I don't know as how are they working out this percentage to tax?
If this is their GLOBAL income, they'll leave, immediately. No amount of price hike justifies ONE country demanding a set percentage out of their entire international income.
That'd have to be some kind of world trade / nafta violation.
"ordered large online streaming services to pay 5 percent of their Canadian revenue"
Which is $40 Netflix in Canadian dollars.