Please enter your email address to receive a password reminder.
Log into Tax-News+
Brazil is expected to introduce a two percent tax on online on-demand entertainment services such as those provided by Netflix and Spotify.
The country's Senate approved a Bill for subscription internet streaming services to pay Imposto sobre Serviços (ISS) tax to the municipalities where their customers are based.
President Michael Temer will have the final decision on the legislation. If approved, the levy would be effective 90 days after its publication in the Federal Register.
Some US states and New Zealand have already introduced a so-called "Netflix" tax.
IMPORTANT NOTICE: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
All rights reserved. © 2017 Wolters Kluwer