Vermont Weighs Streaming Tax as Cord Cutting Eats into Public TV Funds -- Is Your State Next?
Vermont Weighs Streaming Tax as Cord Cutting Eats into Public TV Funds -- Is Your State Next?
admin 2024/03/31 12:46Streamers like Netflix oppose the move, saying the tax could force them to raise prices.
As the 2024 tax filing deadline in the United States nears, most individuals are worried about how to maximize their returns. But streamers like Netflix, Disney+, Max and Prime Video could find they owe a little more next year, as a report from VTDigger indicates lawmakers in Vermont are considering passing a tax on streaming services to help fund public access television channels which have seen their revenues declining thanks to the rise in cord-cutting in recent years.
Learn more: https://m.imdb.com/news/ni64511146
As the 2024 tax filing deadline in the United States nears, most individuals are worried about how to maximize their returns. But streamers like Netflix, Disney+, Max and Prime Video could find they owe a little more next year, as a report from VTDigger indicates lawmakers in Vermont are considering passing a tax on streaming services to help fund public access television channels which have seen their revenues declining thanks to the rise in cord-cutting in recent years.
Learn more: https://m.imdb.com/news/ni64511146
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