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The Government of Axel Kicillof reactivates the tax on streaming services and will have to pay 2% more for Netflix and Spotify

2021-03-10T00:13:29.515Z


On April 1, the canon corresponding to Gross Income that is applied to digital services of providers abroad will be in force.


03/09/2021 21:04

  • Clarín.com

  • Economy

Updated 03/09/2021 21:04

The Government of the province of Buenos Aires led by Axel Kicillof ratified that on April 1

the tax on digital services will be reactivated

, for which

an additional 2%

will have to be

paid for Netflix, Spotify

and other streaming platforms.

This is the canon corresponding to Gross Income that is applied to services provided from outside the country and that

had been suspended

in January of last year.

Now, the head of the Revenue Agency of the Province of Buenos Aires (ARBA), Cristian Girard, ratified that the tax will be charged again because it

is in force in the Federal Capital

.

"The City of Buenos Aires had it in force, so we decided to do it simultaneously,

so that there is no inequality,

" said the head of ARBA in statements to the press.

The 2% recharge is added to those already charged by Netflix and the rest of those services, such as 21% VAT, 8% PAIS tax, 35% of perception on account of Profits and 1, 2% stamp tax.

"It is

also to

give

equal treatment

to companies located in Argentina, because the clients of these companies do pay IIBB, but those that provide services from abroad do not.

We do not want to create a disincentive to national production

. On the contrary, we want to generate incentives to produce locally, "Girard justified.

News in development.

LM

Source: clarin

All business articles on 2021-03-10

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