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ISLAMABAD: The federal government has proposed a 5% withholding tax on revenues earned by social media influencers from platforms such as YouTube, Facebook, Instagram and TikTok. T...
The Standing Committee on Finance of the National Assembly has approved a key proposal to impose a withholding tax on income generated through social media platforms, marking a sig...
Committee backs mandatory electronic tax filing, social media tax, and legal protection for inherited property
Illinois plans to impose a complicated, legally fraught new social media tax based on a few pages of confused, contradictory, and almost laughably incomplete legislative text embed...
Forget about a 5% “streaming tax”: Now, the Canadian Radio-television and Telecommunications Commission (CRTC) has moved to require Netflix, Amazon Prime Video, and other video str...
"Don't discourage us," digital voices oppose proposed tax on earnings, suggest classification framework
Illinois recently enacted just about every conceivable digital tax as part of the state’s budget legislation, including a: More detail below the fold. Michael Bologna (Bloomberg La...
The law, part of a budget plan passed by Illinois lawmakers, would put the burden of collecting a 0.2% tax on crypto transactions on a registered broker.Some digital asset industry...
On June 16, 2026, Gov. J.B. Pritzker signed Illinois’ fiscal year 2027 budget, including the revenue package enacted through Senate Bill 3019 (the Bill or the Budget). The legislat...
A lack of comprehension and sloppy language make a mess of a new tax scheme.
That’s three times the 5% initial contribution requirement the CRTC set out in 2024, which is being challenged in court by major streamers including Apple, Amazon and Spotify.
Im retired, I pay tax on the £50k. I couldn’t imagine living on the post tax value.
TALLINN: Under new revisions to the Media Services Act introduced by the Ministry of Culture, subscription-based streaming services will be required to channel 5 percent of their l...
New Jersey lawmakers are moving forward with legislation that would impose a new 9% surtax on income generated by companies… Continue reading New Jersey bill targets prediction mar...
The Canadian Radio-television and Telecommunications Commission tripled the levy on Netflix, Disney+, and Amazon Prime Video to 15%. Source
North Carolina lawmakers advanced a wide-ranging budget bill Wednesday that would create a new tax on prediction market operators while… Continue reading North Carolina budget adva...
In a recent post on Truth Social, the U.S. president vowed to impose 100% tariffs on any country that implemented a digital services tax on an American company.
علامتی فوٹوقومی اسمبلی کی قائمہ کمیٹی برائے خزانہ نے بھی سوشل میڈیا آمدن پر ٹیکس کی تجویز منظور کرلی۔ اجلاس کے دوران ایف بی آر حکام...
Aurangzeb says lower tax rate will help discourage informal fund transfers and strengthen formal channels
In 2024, the Canadian government put in place a levy on foreign streamers (Spotify, Apple, Netflix, Amazon, etc.) of 5% on Canadian revenue over $25 million. The streamers and even...
The state budget will be bolstered in part by a newly proposed tax on digital software sales.
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