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Colombia starts taxing OTT providers

Thursday 5 July 2018 | 11:01 CET | News
Colombia has finally starting levying taxes on over-the-top (OTT) providers of digital services such as Netflix, Spotify and Uber, who have been subject to VAT at 19 percent starting from 01 July, reports local daily El Tiempo. OTT providers of digital or electronic services would normally be required to pay VAT collected in July and August in September but the government plans to extend the deadline until November to give companies time to adapt their systems, said the report, adding that subscribers will probably see an increase in the monthly price of services starting next month.

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Categories: Internet
Countries: Colombia
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