Disney+ subscribers in New York might have to pay more soon, as according to a report from WKBW, the state of New York is looking to add a 4% state sales tax and a 4% local sales tax for digital streaming products including TV, audiobooks, podcasts, online gaming and music.

Cable television and satellite TV already have an additional 4% tax on them, so they would be exempt from this tax.  As more people shift from traditional linear television to streaming platforms, the state is looking to fill in the gaps in the budget for housing programs, schools, childcare programs and transportation.

This new tax would impact all of the different streaming services, including Netflix, Paramount+, HBO Max, Hulu and YouTube TV.  However, it wouldn’t apply to the New York Times subscription service.

The new streaming tax is expected to raise millions of dollars, including $29 million in the first year and eventually it could make as much as $63 million in the years ahead.

This won’t be the first state or city to add an additional taxes to streaming services, as more than half the states and dozens of cities now levy taxes or fees on digital streaming services such as Disney+, Netflix and Hulu.

What do you think of New York adding a 4% charge to streaming services?

 

 

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Roger Palmer

Roger has been a Disney fan since he was a kid and this interest has grown over the years. He has visited Disney Parks around the globe and has a vast collection of Disney movies and collectibles. He is the owner of What's On Disney Plus & DisKingdom. Email: Roger@WhatsOnDisneyPlus.com Twitter: Twitter.com/RogPalmerUK Facebook: Facebook.com/rogpalmeruk

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