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General

Chile latest LatAm country to propose taxing OTT providers

Tuesday 26 June 2018 | 12:16 CET | News
Chile has become the latest Latin American country to propose taxing foreign providers of over-the-top (OTT) digital services such as Netflix, Uber, Airbnb and Spotify, reports Prensario Internacional. The country's finance minister Felipe Larrain said president Sebastian Pinera is looking to introduce legislation in September to make OTT firms pay VAT and tax on their earnings in Chile if they don't have a physical presence in Chile. The aim is to "ensure everyone can compete on equal terms," said Larrain, adding that the government is examining a variety of ways to tax the providers.

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Categories: General
Countries: Chile
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