Skokie advances 5% tax on Netflix, Spotify and other streaming services, plus live entertainment tax hike
By
Claire Murphy
Toasted golden, schmeared with insight. Top of the rack.
Summary
Skokie, Illinois has advanced an ordinance to impose a 5% tax on digital streaming services (Netflix, Spotify, Disney+, Apple Music, etc.) and raise the existing amusement tax on live entertainment from 2% to 5%. The additional revenue is designated to fund a fourth ambulance for the village.
Key quotes
· 4 pulledSkokie residents may soon see their Netflix binges and Spotify-powered commutes to work come with a higher price tag.
Skokie trustees advanced an ordinance that will introduce a 5% tax on digital streaming services like Netflix, Disney+, Spotify and Apple Music, among others.
The ordinance will also raise the village's entertainment tax, called the 'amusement' tax, from 2% to 5%, and that will apply to admission costs for theater, shows, sports events and other in-person entertainment.
The surcharge is slated to fund a fourth ambulance for the village
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