Understanding Tax Exemptions and Taxables slide image

Understanding Tax Exemptions and Taxables

State and local taxation of streaming services Impose new taxes specifically on streaming E.g., Iowa enumerates "pay television" services as taxable In 2018, the legislature amended the law to read "pay television, including but not limited to streaming video, video on-demand, and pay-per-view Streaming as a digital product Ohio and Tennessee impose sales tax on specified digital products (defined to include audio-visual works) that are provided for permanent use or less than permanent use, regardless of whether continued payment is required Utility Taxes or other communications taxes Pasadena, CA has amended its utility user tax ordinance to impose the tax on "all services related to the providing of video programming" Florida imposes its Communications Services Tax on certain communication services, including "the transmission, conveyance, or routing of...video," and rulings have deemed streaming services to be subject to CST. Amusement taxes City of Chicago, City of Evanston Imposes the amusement tax on any video streaming, audio streaming, or online games delivered electronically to mobile devices, and any paid television programming, whether transmitted by wire, cable, fiber optics, laser, microwave, radio, satellite or similar means KPMG © 2021 Copyright owned by one or more of the KPMG International entities. KPMG International entities provide no services to clients. All rights reserved. 23
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