Justin Trudeau proposes Netflix tax

[Conil]

One of the many things Trudeau will start taxing

The Liberal Party unveiled their full campaign platform over the weekend, and some promises have caught more attention than others.
Abiding by prime minister Trudeau’s promise to increase taxes on the wealthy, the Liberals proposed a 10 percent luxury tax on items such as luxury vehicles, boats, and aircraft that sell for more than $100,000.

Along with this announcement was the proposition to make major tech players who make at least one billion dollars in revenue annually and at least $40 million in Canadian revenue pay a three percent tax on their use of ads and sale of user data.
Companies that fall under this category are well-known tech giants such as Netflix, Apple, Google, and Facebook.

The announcement went on to outline the Liberal Party’s plan to review tax code that “disproportionately benefit Canada’s wealthiest individuals and large corporations.”

https://www.thepostmillennial.com/t...edhIuf5Ycw2BO9GfLSwBRfKYZrp0R7Eu9ETTCyzxagqyc

 

[bver_hunter]

Good. Why should all these organizations not pay any taxes, while the Canadian ones are on the hook for it??

 

[Frankfooter]

There should be a CanCon tax on Netflix.

 

[glamphotographer]

I don't have Netflix so I don't care.

 

[onthebottom]

I don't have Netflix so I don't care.

You are missing some world class content

 

[bver_hunter]

I don't have Netflix so I don't care.

You get even better content for free from various Kodi Apps. No point subscribing to Netflix!!

 

[onthebottom]

You get even better content for free from various Kodi Apps. No point subscribing to Netflix!!

They are a major production house of content....

 

[bver_hunter]

They are a major production house of content....

With lots of restrictions for Canadian content!!

 

[glamphotographer]

With lots of restrictions for Canadian content!!

VPN and you can get everything.

 

[bver_hunter]

VPN and you can get everything.

Not really as Netflix has clamped down on it. That is why I stopped subscribing to Netflix. There maybe a few VPN providers that still manage to work around these clampdowns. However, most online providers like Netflix and DAZN can identify a VPN and the streaming will come to a grinding halt!!

 

[saxon]

Didn’t France try to implement the same kind of high tech tax only to back down after the US threatened sanctions against them?

 

[bver_hunter]

Didn’t France try to implement the same kind of high tech tax only to back down after the US threatened sanctions against them?

Donald Trump first said that the U.S. would be placing tariffs on French wines.

France and the U.S. eventually reached an agreement at the Group of Seven summit. The French government now hopes that the OECD finds a way to properly tax tech companies in countries where they operate in order to scrap the French tax.

https://techcrunch.com/2019/09/12/g...fine-and-510-million-in-back-taxes-in-france/

 

[oldjones]

They are a major production house of content....

Indeed. They spend lotsa money — very inexpertly — right here in Toronto producing some of that content. They're here, partly because Canada/Ontario/Toronto (all of which are operating in the red) give them tax-breaks. Since they're 'come-from-aways' and aren't taxed as Canadian producers like Bell, Rogers, Global Shaw and others are taxed, that gives them a hugely unfair advantage in the marketplace. That's before we consider they produce no actual Canadian content, nor do they subcontract to or buy content from Canadian producers, because they've moved production in-house (see Inexpertly, above).

Since they're all take, and since their take is so large, it makes perfect sense for those InTheRed governments to tax some of that back. When you need money, you don't go after the poor folks. Of course, being governments, they could find ways to take that NetFlix could see as giving: Like a credit against taxes for product that actually was about Canada and Canadians. But that's for down the road.

The first step is having them pay their share for the benefits of being here.

 

[onthebottom]

If you can’t build tech, tax it

 

[saxon]

Trudeau will eventually tax everything.

 

[oldjones]

Trudeau will eventually tax everything.

Uh, that's how GST works; that was a Conservative idea: Tax everything, just a bit.

If you come across a place in Canada, where the government — federal, provincial, municipal, it doesn't matter — takes in enough tax money that all the roads, schools, bridges and other infrastructure have no outstanding repairs yet to be done, where the transit's an efficient alternative to clogging the roads with your own car, where affordable house-builds keep pace with growing population, and there's enough teacher's desks, schools and police that ordinary folks can feel safe from hopeles, homelssa, disaffected people without the education or prospects to find jobs, do let me know. There's more, but you get the drift …

That would be the only government in the country that has no need to raise taxes.

 

[Zaibetter]

Trudeau will eventually tax everything.

We didn't see nothing yet...

 

[scouser1]

Not really as Netflix has clamped down on it. That is why I stopped subscribing to Netflix. There maybe a few VPN providers that still manage to work around these clampdowns. However, most online providers like Netflix and DAZN can identify a VPN and the streaming will come to a grinding halt!!

Nordvpn still works perfectly with Netflix, I'd rather pay for my content but Netflix restricts access by country so it's not like I'm stealing what's available because it's really not.