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Today’s Top Headlines




Canadians Weigh Up Tax Options For Funding Media Content

by Mike Godfrey, Tax-news.com, Washington

08 February 2017

A majority of Canadians are opposed to the introduction of a new tax on internet and mobile phone bills, according to a new poll for campaign group OpenMedia.

The survey asked respondents about the potential for the federal Government to create a new revenue source to support Canadian media content. OpenMedia said that 53 percent of respondents supported the idea, while 20 percent were opposed.

When asked for their opinions on specific options for a new revenue source, 70 percent of participants said that they were opposed to the prospect of a new tax on internet and mobile phone bills, with 51 percent saying they were strongly opposed. Only 14 percent supported the idea.

However, OpenMedia said that there was more support for the possible extension of the goods and services tax/harmonized sales tax to foreign online companies. 47 percent of respondents said they would support the option if revenues were directed to Canadian content, while 29 percent were opposed to the suggestion.

The research was conducted by Innovative Research Group Inc.

TAGS: tax | sales tax | goods and services tax (GST) | internet | Canada | tax reform | trade association | trade | services

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Well informed article. Thanks for the information. https://www.canadiantaxamnesty.ca/

Tim on Friday, February 10, 2017