Chicago Is Adding an Extra 9% Tax to Streaming Services

Streaming services have another hurdle to face in terms of customers adoption.

Chicago is now tacking on an extra 9 percent “electronic amusement tax” to streaming services such as Spotify, Apple Music, and Netflix.

The city’s amusement tax covers purchases at book stores, record stores, etc. Now Chicago is looking to capitalize on that tax even though more customers are moving to digital purchases.<!–/*
* The backup image section of this tag has been generated for use on a
* non-SSL page. If this tag is to be placed on an SSL page, change the
*   ‘http://72.52.81.231/revive/www/delivery/…’
* to
*   ‘https://72.52.81.231/revive/www/delivery/…’
*
* This noscript section of this tag only shows image banners. There
* is no width or height in these banners, so if you want these tags to
* allocate space for the ad before it shows, you will need to add this
* information to the tag.
*
* If you do not want to deal with the intricities of the noscript
* section, delete the tag (from … to ). On
* average, the noscript tag is called from less than 1% of internet
* users.
*/–>

// <![CDATA[
var m3_u = (location.protocol==’https:’?’https://72.52.81.231/revive/www/delivery/r9.php’:’http://72.52.81.231/revive/www/delivery/r9.php’);
   var m3_r = Math.floor(Math.random()*99999999999);
   if (!document.MAX_used) document.MAX_used = ‘,’;
   document.write (“”);
// ]]>Netflix is already saying they’re planning to pass the extra 9 percent tax on to consumers.

Nina Ulloa covers breaking news, tech, and more: @nine_u

Photo from Flickr by Marissa used with the Creative Commons License.

The post Chicago Is Adding an Extra 9% Tax to Streaming Services appeared first on Digital Music News.

Source: Industry News