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Broadband

Netflix Mexico to charge up to 16% more following tax hike

Friday 8 May 2020 | 13:59 CET | News
Netflix has confirmed that it will be increasing the price of its intermediate and premium packages by 16 percent and those of its basic package by 8 percent to reflect the government's new value-added tax. The 16 percent VAT on over-the-top (OTT) providers of digital services approved last year has prompted the streaming giant to hike the price of its basic (SD) plan to MXN 139 a month from MXN 129, with the standard (HD) plan rising to MXN 196 a month from MXN 169 and the premium (UHD) plan to MXN 266 a month from MXN 229.

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Categories: Broadcast & Satellite / Internet
Companies: Netflix
Countries: Mexico
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