A public referendum is scheduled to be held in Switzerland on 15 May 2022 regarding legislation for a 4% tax on video streaming service providers such as Netflix and Hulu. As approved in parliament in 2021, the tax would be implemented by requiring streaming service providers to either invest a minimum of 4% of their turnover in Switzerland into Swiss audiovisual productions or be subject to a 4% replacement tax (levy) payable to the Federal Office of Culture. The legislation for the 4% tax w…