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General

Chile to impose 19% VAT on foreign OTT providers next month

Monday 17 February 2020 | 11:20 CET | News
Chile's Chamber of Deputies has approved most of the adjustments of its latest tax reform project, including a new VAT of 19 percent on multinational providers of over-the-top (OTT) digital services, reports local daily La Razon. The measure is set to enter into force in March, with companies such as Netflix, Spotify, Amazon and HBO GO which offer digital services domestically but don't have a physical presence in Chile required to pay up on a quarterly basis, said the report.

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Categories: General
Companies: Amazon / HBO / Netflix / Spotify
Countries: Chile
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