Last Updated on October 19, 2007 EDT by
If you buy a song off iTunes, you’ll be paying a 3 cents for each song in tax. Then new tax is to compensate artists for the reproduction of their songs.
Vito Pilieci, CanWest News Service
Published: Friday, October 19, 2007OTTAWA — The Copyright Board of Canada has approved new taxes on digital MP3 music files – at least for files that are downloaded legally.
The tariffs, to be charged to iTunes and other companies that distribute music over the Internet, adds three cents to the cost of individual songs that now sell for about 99 cents, and 1.5 cents per track for downloaded albums.
Meant to compensate artists for the reproduction of their songs, the charges follow similar levies that add 21 cents to the price of every blank CD sold in Canada. And they are retroactive to 1996, when Canada’s music industry first began pushing for tariffs on transmitted music files.
Read full article on canada.com