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 [...]
The Cinema and Visual Art’s National Institute’s (INCAA) President, Ralph Haiek, together with Argentine’s Nation Production and Labor Ministry, Dante Sica, and representatives from the Argentine TV, Audiovisual, Interactive and Data Services (SATSAID) and the Argentine Actors Association, ran an agreement to promote audiovisual production in different international content distribution platforms. According to the information [...]
United Nations Economic Commission for Latin America and the Caribbean (Cepal) considered that Mexico could obtain revenues valued in USD 178.8 million per year if it charges VAT to digital platforms and charges 3% for intermediation services from platforms like Netflix and others. The entity established in its report ‘Fiscal Panorama of Latin America and [...]