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Switzerland Holding Referendum on Introduction of 4% Tax on Video Streaming Service Providers

|Proposed Changes|Switzerland
Switzerland

A public referendum is scheduled to be held in Switzerland on 15 May 2022 regarding legislation for a 4% tax on video streaming service providers such as Netflix and Hulu. As approved in parliament in 2021, the tax would be implemented by requiring streaming service providers to either invest a minimum of 4% of their turnover in Switzerland into Swiss audiovisual productions or be subject to a …

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