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Chicago finds new tax stream: Netflix, Spotify, online gambling

from CNN Money

From July 7: Chicago has expanded its taxing power to extend to streaming services. The city's residents will now pay an extra 9 percent tax to use services such as Netflix and Spotify. Chicago's finance department made the ruling last month, amending the established amusement tax to include "electronically delivered amusements." That includes streaming music, movies and television. It also includes online gaming. more

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