Tag Archives: 19%

Chilean Deputies Chamber approves VAT collection on digital platforms

With 123 votes in favor, 20 against and four abstentions, the Chilean Deputies Chamber approved VAT payment (19%) on digital platforms monthly subscriptions. The initiative had been announced by Chilean Finance Minister, Felipe Larrain.   The Governments proposal consist of a specific, indirect and substitute tax for any other, on digital platforms provided by people or [...]

Colombia will retain VAT to foreign OTTs on credit cards

Colombian National Directorate of Taxes and Customs (DIAN) warned that it will be able to order different means of payment in the country – including credit, debit and prepaid cards and cash collectors – the 19% VAT retention to international OTTs , which will apply from next July 1st. DIAN, surely, will make a cut [...]