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Netflix to pay full 22% VAT in Italy

Friday 19 June 2015 | 15:11 CET | News
Netflix has confirmed that it will pay the full VAT rate of 22 percent when it launches in Italy in October. The US video streaming giant issued a statement refuting comments made by Mediaset president Fedele Confalonieri, who claimed Netflix would pay a discounted 4 percent rate while services such as Mediaset's Infinity would have to continue paying the full rate. "In reference to the figures published yesterday in some media about the alleged VAT rate that will be applied to the activities of Netflix in Italy, the company states that the tax applied will be 22 percent rather than the 4

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Categories: Broadcast & Satellite / Internet
Companies: Infinity / Mediaset / Netflix
Countries: Italy
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