Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Paraguay calls for tax on OTT platforms

Roshan Dwivedi Published on : 18 July 2018
OTT gets taxable in Paraguay

South American country Paraguay to charge VAT on OTT platforms such as Netflix, Amazon Prime, Spotify etc. According to the Vice Minister for taxation, Liz Del Padre Maciel, half of the proceeds from the tax, which is set at 10% will be paid into an audiovisual fund to support the regional content. The tax will be collected by local banks and will be held up to the companies affected to decide whether to pass the cost to end users. OTT services are yet to respond to the development.

Paraguay is the latest among a number of Latin American countries to introduce VAT on OTT services. Earlier this year Colombia was in news for making SVOD platforms taxable in the country.

Written by: Roshan Dwivedi

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Upcoming Webinar
June 14

8:00AM PST

Importance of User Types in a Streaming Platform’s Success

In this webinar, you will learn :

  • Different types of users in the streaming platform and their behaviors
  • Way to set up the best monetization strategy for different type of users by meeting their needs
  • Possible marketing options to cover these users and increase revenue

Event Language: English
1 hour