Home News Denmark charges streaming services such as Netflix a 6% tax on revenue...

Denmark charges streaming services such as Netflix a 6% tax on revenue in the country

46
0

The passage of the bill comes as governments across Europe try to provide support for local television and film production as a result of the rapidly growing popularity of streaming services.

“Denmark needs to go as far as possible in providing good public services to children and young people, which can serve as a real alternative to technology giant platforms and foreign content,” the Ministry of Culture said in a statement.

He added that the fragmented media landscape following the entry of global streaming services “could cause problems for the cohesion and democratic dialogue in our country”.

Read:   WSJ: Riyadh to sell shares of $ 50 billion to world's largest oil company - Saudi Aramco

US streaming services have already made several productions in Denmark. Recently, Netflix partnered with Danish broadcaster DR to produce the fourth season of the “Borgen” series, which aired this year.

If you like this article, we look forward to joining the community of readers on our Facebook page, with a Like below:

Previous articleDHL Official: China Quarantines Have a Bigger Impact on Global Supply Chains Than Ukrainian War
Next articleStarbucks leaves Russia for good: 2,000 Russians will be paid for another 6 months before being fired