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RSS FeedsNetflix says it will collect and pay federal sales taxes. But nobody´s asked it to
(The Star Toronto Raptors)

 
 

13 may 2019 12:36:04

 
Netflix says it will collect and pay federal sales taxes. But nobody´s asked it to
(The Star Toronto Raptors)
 


It was a bizarre election stunt, with a suddenly folksy Stephen Harper warning of an apocalypse where ordinary citizens would be penalized for watching TV.“Some politicians want to tax digital streaming services like Netflix and YouTube,” the then-prime minister warned in a 2015 election campaign video. “I love movies and TV shows. I’m 100 per cent against a Netflix tax.”And by the way, his favourite show, if you didn’t know, was Breaking Bad.The problem? The new “tax” was never supported by any of the opposition parties in the first place. And there was already an existing tax, one that wasn’t being enforced. Digital services like Netflix never had to collect GST or relevant provincial sales taxes under current tax laws if they didn’t have a substantial physical presence in Canada. It meant that consumers who purchased Netflix were required to submit that tax to the government themselves. Not many did.That has, according to some estimates, resulted in hundreds of millions of dollars in lost revenue that would have gone into the Canadian economy over the years since Netflix first set up shop north of the border in 2010.Harper’s messaging worked. The incoming government of Justin Trudeau enthusiastically pledged there would never be a Netflix tax. And he has been true to his word, with no suggestion he will introduce one, even after the upcoming federal election. A report by the auditor general released last week says in 2017 alone, Ottawa lost $169 million in GST revenue because of its reluctance to force streaming companies to collect taxes.“It’s absolutely weird to me that Justin Trudeau adopted a talking point from Harper and ran with it. It’s so ironic that we have to pay GST on all the services we receive, but the one that’s not collected is by a foreign service provider,” says David Sparrow, national president of the Alliance of Canadian Cinema, Television and ...


 
20 viewsCategory: Sports > Ball Sports > Basketball > NBA > Toronto Raptors
 
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