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Dubai News Club > Tech > Apple settles lawsuit against Chicago’s ‘Netflix Tax’
Tech

Apple settles lawsuit against Chicago’s ‘Netflix Tax’

Press Room
Last updated: 2022/07/25
Press Room
Published: July 25, 2022
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Apple has settled its lawsuit with Chicago over the city’s so-called “Netflix tax,” according to a report from The Hollywood Reporter. The tax placed a 9 percent levy on “amusements that are delivered electronically” — essentially targeting streaming services.

The exact terms of the settlement weren’t made public. Though, Bloomberg Tax last year reported that revenues from the tax — widely thought to be the first of its kind — grew to over $30 million in the year ending…

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