If passed, the 4% tax would apply to certain digital products, digital goods, digital services, and digital codes that are given to end users. If the bill passed, it would take effect in 2024.
Examples of digital products that would be taxed include audiovisual works, audio works, and books. Other digital goods that would be taxed include artwork, photos, magazines, video games, and digital applications.
However, the tax would not apply to money transfers, loans, advertising services, online education programs, and internet access services.
