Nogui Acosta, Costa Rican Finance Vice Minister, informed that the Value Added Tax (VAT) will not be charged to foreign OTTs that provide their services in the country from July 1st. Acosta anticipated that digital platforms will be taxed with VAT (valued at 13%) in the future, but it is still not defined which OTTs [...]
Filmmakers from Mexico asked the country’s Deputies Chamber’s Culture and Cinematography Commission that digital platforms such as Netflix and Amazon Prime Video should pay taxes, and that 30% of the content catalog they offer should include Mexican or independent productions. In early April, Mexican’s Finance Minister expressed that OTTs could pay taxes in the country [...]
Chilean Finance Minister, Felipe Larrain, announced that the initial proposal to apply a special tax for OTTs based in countries different from Chile will be replaced by one that contemplates the VAT’s payment, whose current rate is 19%. ‘The concept is that the same VAT, to which all the regimes without distinction are subject, will [...]
Chilean Finance Minister, Felipe Larraín, proposed to apply an up to 19% increasement to OTTs taxes, in the context of the tax modernization project promoted by the Government. The initiative contemplated a 10% raise at first, but the Government suggests equaling the figure with VAT’s value. ‘Netflix competes with DirecTV, VTR, with all the other [...]