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Mexican Congresswoman Wants New 7% Tax on Streaming Platforms

April 14, 2021, 1:36 PM

Mexican Congresswoman Reyna Celeste Ascencio, from ruling party Morena, is proposing a new 7% tax on streaming platforms like Disney+, Netflix, Apple TV, Hulu and Roku, daily Reforma reported.

  • Tax would be additional to existing Value Added Tax (IVA) that such platforms operating in Mexico collect from subscribers
  • Part of the money from new tax initiative would be used to offer telecommunication services in indigenous communities, according to Ascencio’s initiative

To contact the reporter on this story:
Cyntia Barrera Diaz in Mexico City at cbarrerad@bloomberg.net

To contact the editor responsible for this story:
Ney Hayashi at...

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