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.

Comments

Re:Don't cry for me

[bobbied]

First she"s dead, then she's alive, finally she's dead again. Who? Eva Parone in the musical Evita.

So goes Argentina.

History repeats, over and over.... Peronism didn't work in the 50's and 60's, it's successor won't work now and the results will be the same as before.