A2IM is a member of the “Digital Goods Coalition” which is a group of companies concerned about the future of digital taxation. At this point in time we have a concern about anything that increases the cost of music where the additional consumer cost does not go to the music creator community or those who support our community with their services, especially within the digital space since that is our future. More importantly, if there is additional taxation, we believe there needs to be a fair basis of taxation. As our music is sold over global communications networks that are not bound by state and local boundaries there could be a resulting multiple taxation by various countries and multiple states, all claiming they have authority to tax the same digital transaction.
As a result A2IM has signed on to a letter to Congress and supports a bill introduced in Congress this week called the “Digital Goods and Services Tax Fairness Act of 2010.” Please feel free to contact us with any comments or questions you might have on this issue.