Poland Approves Tax On Streaming Giants to Fund Film Institute

Poland will tax revenue of streaming providers—companies like Netflix Inc. and Amazon.com Inc.—under a new set of virus relief measures awaiting signature by President Andrzej Duda.

The tax rate on streaming services will be 1.5% of local revenue from membership fees and commercials. The money will benefit the Polish Film Institute, a state-owned developer and promoter of Polish cinematography.

• The smallest streaming companies will be exempt from the tax.
• The new tax comes as Poland continues to works with the rest of the European Union and the Organization for Economic Cooperation and Development on a global approach ...