Florida Tax On Netflix Subscriptions Begins February 2024
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| Credit: Netflix |
ORLANDO, Florida = Netflix notified Florida subscribers in an email that their Netflix bill is going up do to the assessment of a Florida state tax of 5.07% beginning on February 15, 2024.
"We hope you are enjoying everything Netflix has to offer. Starting on February 15, 2024, additional state service taxes will be applied to your monthly subscription. You can read more about how tax affect your membership here," the Netflix email states.
The link directs subscribers to a Netflix help page which adds:
"How tax rates are determined
Tax rates can vary by country, state, territory and city, and are based on the applicable rate at the time of your Netflix charge. These amounts can change over time with local tax requirements."
According to the Florida Department of Revenue, a communications services tax is imposed on each sale of communications services in Florida, including video and music streaming.
That means that the Florida tax on streaming services applies to all subscriptions, including Hulu, Disney+, YouTube Premiun, Amazon Prime, and other streaming apps and websites.
