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Government Drops Netflix Tax Plan | Edmonton News
The Canadian government is pivoting on its streaming tax plan, ditching the requirement for platforms to fund a “Netflix tax” and instead pledging to cover the cost with public money — a move revealed in a July 17 court filing. This follows an earlier June directive to the CRTC to raise the contribution rate from 5% to 15% of Canadian earnings, paired with a promised $600M annual subsidy. But the Canadian Association of Broadcasters disputes the court document’s wording, calling it premature. The government plans to officially withdraw the directive soon, amid ongoing legal challenges in the…
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