Canada raises taxes on CD-R's...

Source: http://www.cb-cda.gc.ca/news/c20012002nr-e.html



Yesterday we reported about a possible tax raise in the Netherlands and Belgium. In Canada this raise is a fact...


Ottawa. Following the recently concluded public review of the current private copying levies, the Copyright Board announced today that it is setting new levies on blank audio recording media. Effective January 1, 2001, private copying levies will increase to 29¢ on audio cassette tapes of 40 minutes or longer (remaining zero for tapes of shorter length), 21¢ on CD-Rs and CD-RWs and 77¢ on CD-R Audio, CD-RW Audio and MiniDiscs. Manufacturers and importers of blank audio recording media are required to pay these levies to the Canadian Private Copying Collective (CPCC) when these media are sold in Canada.

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