Tag Archives: taxes

Mexican filmmakers request digital platforms to pay taxes in the country

Filmmakers from Mexico asked the countrys  Deputies Chambers 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, Mexicans Finance Minister expressed that OTTs could pay taxes in the country [...]

Telefonica asks to avoid double taxes payment in Mexico

Finance and Public Credit Ministrys (SHCP) proposal to impose a tax to OTTs in Mexico from 2020 would also apply for Movistar Play, recently launched in the country. Telefonica wants to intervene in order to avoid being charged a double taxation for these services, because the company already pays a tax for its telephony offer. [...]

Peru could also collect taxes from OTTs

United Nations Economic Commission for Latin America and the Caribbean (ECLAC) presented a report that suggests that Peru would collect taxes from Netflix and other apps, and argued that if the measure is implemented, the country could raise more than USD 35 million per year. In its report Fiscal Panorama of Latin America and the Caribbean [...]

Bolivia to prepare standard for Netflix to pay taxes

Bolivian National Tax Service (SIN), together with Economy and Finance Ministry are preparing a regulatory project for foreighn companies that offer services through OTTs in the country to pay taxes, such as Netflix and Amazon Prime Video. We are working on a standard. We hope to conclude it and take it to the Legislative Assembly, [...]

Chilean Government aims to increase taxes to OTTs and equaling them with VAT

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 VATs value. Netflix competes with DirecTV, VTR, with all the other [...]

Paraguay prepares to tax digital platforms

The State Undersecretariat of Taxation of Paraguay (SET in Spanish) is working on a regulation to begin charging tax on foreign digital platforms, including Netflix and Spotify. The initiative comes after the law for the Audiovisual Promotion was enacted, which establishes that the budget to finance movie projects will come from “taxes on commercial operations [...]