This Monday, June 1st, Mexico City’s Filming Commission published an official statement for the audiovisual community in the Mexican capital, in which it reports that the film and audiovisual area’s activities will remain cancelled until next August 9th. The announced measure is part of the Fifth and Sixth Agreement, by which, until the already mentioned [...]
After the announcement of the increasement to be applied on Netflix monthly subscriptions in Mexico due to VAT collection, Amazon Prime Video reported that its subscribers will not be affected by the measure, since the tax value has already been included in the monthly subscription paid by their customers. VAT collection from digital platforms will [...]
Starting next June 1st, Netflix will increase its monthly subscription value in Chile and Mexico, where their Government established that, from that date, the platform must begin to pay VAT. From next month on, the tax payment l be part of the monthly value paid by each subscriber. The Chilean Government approved this year the [...]
A partir del 1° de junio próximo, las compañías extranjeras prestadoras de servicios digitales comenzarán a pagar un 19% en concepto de Impuesto al Valor Agregado (IVA) en Chile. La medida impacta sobre plataformas digitales extranjeras que brindan servicios digitales en el país. Algunos de los OTTs afectados serán Netflix y Amazon, entre otros. Con [...]
Starting next June 1st, foreign companies that provide digital services will start paying 19% Value Added Tax (VAT) in Chile. The measure impacts on foreign digital platforms that provide digital services in the country. Some of the affected OTTs will be Netflix, Amazon and others. The aim of the measure is that companies that are [...]
Chilean Deputies Chamber approved almost all the adjustments of the tax reform project, which could become a Law soon. Some of the key points of the reform are focused on applying taxes to foreign OTTs, which must pay the 19% VAT. According to the project, VAT will be charged for ‘the supply or delivery of [...]
Ecuadorian deputies agreed to apply tax increases of USD 600 million to Netflix and other OTTs. The measure was approved by 83 votes in favor, 8 against and 37 abstentions, and extends the Value Added Tax (VAT) to international digital platforms. The new law aims to increase revenues with a temporary tax increase for companies [...]
Although a resolution made by the Buenos Aires Province (Argentina) Collection Agency established that a new tax should be applied for digital services provided abroad from December 1st, its implementation was postponed for next year, for technical reasons. In Argentina, there are some provinces that are already applying taxes on foreign digital platforms. The measure [...]
The Costa Rican Infocommunication and Technology Chamber (Infocom) warned about an eventual tax collection on cable and satellite TV and digital platforms, which will affect more than 833 thousand subscribers. This is a new 1.5% tax, which is intended to finance the country’s film industry. ‘The project’s aim is to achieve income from cross-border digital [...]
With 123 votes in favor, 20 against and four abstentions, the Chilean Deputies Chamber approved VAT payment (19%) on digital platform’s monthly subscriptions. The initiative had been announced by Chilean Finance Minister, Felipe Larrain. The Government’s proposal consist of ‘a specific, indirect and substitute tax for any other, on digital platforms provided by people or [...]