Canada panel urges taxes and domestic content rules for Netflix, other U.S. firms

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Canada panel urges taxes and domestic content rules for Netflix, other U.S. firms
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Ottawa should require U.S. tech companies such as Netflix , Amazon and Facebook ...

) to collect the same taxes as Canadian companies and also be subject to the same requirements for supporting domestically produced content, a Canadian government-mandated panel recommended on Wednesday.

Prime Minister Justin Trudeau’s government created the six-member panel in 2018 to examine Canada’s decades-old broadcasting and telecoms laws, and advise the government on how to bring the legislation up to date with the current digital landscape. “This approach would ensure a meaningful contribution to Canadian cultural policy objectives and the production sector. It need not result in higher prices for consumers.”

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