The streaming video company is challenging a tax bill plus penalties that Loveland issued to the company for more than $116,000, and says it is exempt from city and state tax laws.
It’s a non-taxable service, Netflix argues, because it is not a sale of tangible personal property.
The Loveland Reporter-Herald reports that the city has backed down, because they want the state to fight this battle for them.
With Democrats running the state show, we’re pretty confident they will want to pick up the battle where Loveland left off and find a way to take more of our money through taxes.
But we’re cheering for Netflix.