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this state lawmaker wants to stop california cities from taxing netflix customers, at least for now

this state lawmaker wants to stop california cities from taxing netflix customers, at least for now News Article With The full text news. The Resource Link is down the post and you can View this News Article in the source page.



this state lawmaker wants to stop california cities from taxing netflix customers, at least for now

multiple california cities began exploring whether to tax consumers for watching netflix and other streaming video services last year, and now a los angeles lawmaker wants to ban the idea.

emblyman sebastian ridley-thomas, a democrat, has introduced embly bill 252, which would prohibit cities from implementing so-called “netflix taxes.” pasadena and other cities have been weighing whether to extend existing taxes on cable-television subscribers to those who used video-streaming services.

cities had argued such taxes make sense as revenue sources, especially as more and more residents are cutting off their cable television subscriptions in favor of video streaming.

ridley-thomas’ bill, which he’s calling the stream act, would prohibit such taxes until 2023, enough time to allow the video-streaming industry to grow and understand its effects on local government revenues, the legislator said.

“the stream act takes an important step toward allowing streaming services to continue untaxed until stakeholders better evaluate the most appropriate levels of regulation,” ridley-thomas said in a statement.