Brazil To Introduce 'Netflix Tax'
by Mike Godfrey, Tax-News.com, Washington
27 December 2016
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.
To see today's news, click here.
Tax-News Reviews

A review and forecast of Cyprus's international business, legal and investment climate.

A review and forecast of Malta's international business, legal and investment climate.

A review and forecast of Jersey's international business, legal and investment climate.

A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »