Tag Archives: Argentina

Buenos Aires Issues ‘Netflix Tax’ on Streaming Media Subscriptions

A 3 percent income gross tax was announced in Buenos Aires, Argentina on Wednesday on foreign companies offering “online subscription services with access to films, TV shows, and other types of audiovisual entertainment broadcasted through the Internet on TV sets, computers and other devices connected to the Internet,” […] Although the resolution doesn’t specify which companies will be affected, the tax, which quickly echoed on Twitter as a “Netflix Tax” could reportedly be charged on services like Amazon Instant Video, Spotify, and iTunes, as well as games purchased on Facebook and online stores for Xbox and Playstation. – Agustin Mango,The Hollywood Reporter
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Argentineans are cutting the cord

Streaming services are the most popular among the cord-cutters in Argentina, being used in 67% of those homes which have broadband and no pay-TV. 55% of homes also watch TV through the FTA channels’ sites, 37% download content and 19% pay for an OTT platform. And, says the report, the trend is more noticeable the younger the family is. – Juan Fernandez Gonzalez, Rapid TV News http://ift.tt/1lRuVWg