Monday, December 11, 2017

Finance Minister Bill Morneau once again says government will not impose Netflix tax

Finance Minister Bill Morneau says the federal government still has no intention of imposing a Netflix tax because it would result in a financial hit for middle-class Canadians.

Morneau’s remarks about the online streaming giant come a couple of days after Heritage Minister Melanie Joly insisted she never agreed to exempt Netflix from any sales tax as part of a deal that has been a political nightmare in her home province of Quebec.
The Netflix logo is pictured on an iPad.

Pressed about the issue on Friday, Joly said anyone with concerns about the lack of federal taxes on online streaming services should talk to Morneau because he’s in charge of taxation.
Joly unveiled a cultural policy in September that secured a $500-million pledge by Netflix to set up a Canadian office and fund original homegrown content – but the plan did not include taxes on the company’s service.
The ensuing weeks have seen the provincial government in Quebec vow to tax foreign online businesses, including Netflix, if Ottawa didn’t do so.
The Canadian Press
https://globalnews.ca/news/3908434/bill-morneau-says-government-will-not-impose-netflix-tax/?utm_source=Other&utm_medium=MostPopular&utm_campaign=2014

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