Alabama Wants its Share of the Netflix Pie
The Alabama Revenue Department wants its piece of the Netflix pie, reported TimesDaily.com Sunday. Once upon a time, when Blockbuster was still a thing, customers paid a rental tax with each movie they borrowed. As movie rentals die out and are replaced with streaming video services like Netflix, Alabama stands to lose some hefty revenue – an estimated $5 to $10 million. To close this revenue hole, the revenue department is proposing a 4% state tax…
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