Buenos Aires Issues a 'Netflix Tax' For All Digital Entertainment
New submitter DoILookAmused writes A few years ago, the Argentinean government implemented a 35% tax on all offshore buys using a credit card. In yesterday's press release, the city of Buenos Aires announced it will charge a 3% gross income tax for all streaming or media purchase abroad allegedly to bring it to "competitive prices with local media companies". This tax doesn't supersede the national 35% tax, which has sparked several reactions.
Why do you think we would have assumed that Argentina is different from the rest of the world?
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
Is the same shit here in Brazil. 60% tax in all international purchases made by individuals under the guise of "protecting" a nonexistent national industry (nobody makes Intel i7 in Brazil as far as I know).
Religion: The greatest weapon of mass destruction of all time
I'm form Argentina and it saddens me that this post comments will fall among these categories:
Even the summary is wrong! That 35% is not a tax, just a pre-payment of the income tax that you can recover.
All hope is lost.