“Canadians may soon pay a small tax on every legal music store download, says a new measure sanctioned by the Copyright Board of Canada. Requested by the Society of Composers, Authors and Music Publishers of Canada (SOCAN), the tax would apply at least 2.1 cents to every individual song download and 1.5 cents per track for complete albums. Subscription download and streaming services would themselves be charged between 5.7 and 6.8 percent of a user’s monthly fees. Minimum fees would also apply for every larger download or subscription,” MacNN reports.
“The surcharge would help compensate artists for piracy, according to SOCAN’s reasoning. The publishing group draws similarities between this and a 21-cent fee already applied to blank CDs in the country; the right to copy a song from an online store demands the same sort of levy applied to copying a retail CD, SOCAN argues,” MacNN reports.
“The tax may have a significant impact for online stores such as iTunes and Canada-based Puretracks, which will have to factor the amount both into future and past sales. The new tax would be retroactive to January 1st, 1996,” MacNN reports.
More in the full article, including links, here.
MacDailyNews Take: Hosers, eh?