headphonescomp.jpg Netflix's recent tax push has lead to streaming service Spotify increasing its price of its "premium" subscription. Photo: Getty ImagesMusic streaming service Spotify has increased its prices by $2 a month due to a New Zealand tax introduced last year. Spotify said in a statement that the price for new "premium" subscribers would increase from $12.99 a month to $14.99 from February 1. Netflix, an online movie streaming service, lifted its prices from $12.99 a month to $14.99. Under previous law, the government was missing out on $180 million a year by not collecting GST on online purchases, including $40 million from spending on Spotify, iTunes, Netflix and other online services.

Source: Otago Daily Times January 26, 2017 00:32 UTC