- Missouri Governor signed laws exempting streaming and satellite TV companies from local franchise fees
- Legislation excludes video streaming services from local franchise taxes
- New definitions under H.B. 2057 state that streaming content is not considered a taxable video service
- Aim of legislation is to prevent Missouri municipalities from applying traditional franchise fees to streaming services
- DirecTV supports the move, while Missouri Municipal League has concerns about impact on local infrastructure funding
- Significant shift in tax policy in response to digital services, affecting local tax revenues and infrastructure funding.
Source: salestaxinstitute.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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