Could Netflix be Taxed by the CRTC?

netflix logoBy offering limitless content for a small monthly fee, Netflix has revolutionized the way people watch television. However, not all are pleased with this and the CBC is demanding that Netflix subsidize the Canadian content it offers.

Naturally, Netflix is opposed, warning the Canadian Radio-television Telecommunications Commission (CRTC) against imposing any taxes. In a report to the CRTC, Netflix reps said such a tax would “make it more difficult for Netflix to offer access to this content at the same affordable rate.” It could also “translate into an increase in price without … a commensurate benefit for Canadian content, its producers, or Canadian consumers.”

Netflix maintains Canadian content is “thriving online” and new regulations aren’t needed.

In the past the CRTC has been against forcing popular American companies like Netflix or iTunes to comply with CanCon rules. However, it is currently reviewing Canadian TV regulations so it can decide the future of broadcasting.

*Source: Digital Home