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Friday, 24 March2023

Apple settles Chicago's 'Netflix Tax' lawsuit

Apple settles Chicago's 'Netflix Tax' lawsuit

<p>The legal dispute between Apple and Chicago around the alleged &quot;Netflix tax&quot; has been resolved. Targeting streaming services, the tax levied a 9% surcharge on &quot;amusements that are provided electronically.&quot; The settlement&#39;s precise terms weren&#39;t disclosed to the public. In an effort to make up for the money lost from traditional brick-and-mortar stores, Chicago enacted the new tax in 2015.</p>

Read full story at The Verge
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