Tag Archives: credit cards

Tax on digital platforms could collect USD 40 million per year in Chile

OTT / VOD | | July 3, 2019

According to estimations made by the Economic Commission for Latin America and the Caribbean (ECLAC), applying taxes to digital platforms will allow Chile to collect USD 40 million per year. The figure is lower than the one calculated by the Government, when it presented a measure referred to the Tax Reform, in which it indicated [...]

Colombia will retain VAT to foreign OTTs on credit cards

OTT / VOD | | March 6, 2019

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 [...]