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Ecuador passes bill to tax OTT providers

Thursday 12 December 2019 | 11:28 CET | News
Ecuador has become the latest Latin American country to propose levying taxes on over-the-top (OTT) providers of digital services such as Netflix and Spotify. Local daily La Republica reports that the Ecuadorian government has approved a bill to extend VAT to international digital platforms whose annual sales exceed USD 1 million with a view to raising some USD 600 million to reduce the country's fiscal deficit and meet IMF loan demands.

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Categories: Internet
Companies: Netflix / Spotify
Countries: Ecuador
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