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Approval of 4% tax on streaming services referred to as ‘Lex Netflix’

Switzerland is the latest European nation to implement measures to support local television and film production and increase locally produced content.  

On Sunday, May 15, Switzerland conducted a national referendum on a proposed legislation to amend Lex Netflix.’ The amendment requires streaming services to reinvest 4% of their local income in Swiss film and television productions. This applies to global TV streaming giants such as: 

  • Netflix, Inc. 
  • Amazon Prime Video  
  • Disney+ 

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