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Japan Mulling 'iPod' Tax, by Mary Swire, Tax-News.com, Hong Kong
Thursday, May 08, 2008
Japan's Agency of Cultural Affairs is expected on Thursday to unveil proposals
for what is being dubbed an 'iPod' tax, in order to further compensate recording
artists and record companies for home duplication of their products.
Although older technology, such as DVD recorders and minidisk players are already
subject to a copyright levy, the newer wave of portable digital products are
not, and an attempt to impose such a tax in 2005 was unsuccessful.
According to reports, the exact level of tax has yet to be decided, but is
expected to bring around JBY1bn in additional annual revenue for the recording
industry.
The proposed move is causing controversy, with firms that manufacture the devices
likely to be affected by the levy arguing that they will be forced to absorb
the tax hit, rather than pass it on to the end consumer, and representatives
of the recording industry reportedly threatening to derail the introduction
of the "dubbing 10" initiative next month, if the new copyright tax
is not approved.
Under the new dubbing 10 rules set to come into force on 2nd June, those consuming
copyrighted content via devices such as HDD recorders will be permitted to copy
said content up to 10 times, rather than just once, as currently permitted.
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