Argentina’s Federal Administration of Public Revenues (AFIP) has announced that Netflix will raise prices in the country as of April, as will other platforms. Possibly our majority public will be interested in this news. However, it is still one more sample of what could be to come.
Netflix raises prices, why?
We have to say, yes, that the platform is not guilty of this increase. It is a decision made by the AFIP and is based on the collection of taxes for digital services with foreign providers. That is, every user subscribed to any platform outside of Argentina must pay.
How much? Well be careful because we are not talking about any nonsense. It is about “paying VAT”, something that apparently was not done, that is, 21%, as in our country. The user will not have to do anything at all, they will simply notice a higher charge on their credit or debit card.
For those who are a subscriber to digital platforms or make purchases, rentals and the like, be it Netflix, Airbnb, Apple TV, HBO and countless other names, from April you will notice how the price of your subscription increases nothing more and no less than 21%.
It is a decree that is already ready and that at the end of this month could be operational. In fact, it has already been sent to the Casa Rosada and resolved, as indicated by Alberto Abad, the former head of AFIP, just before presenting the resignation of his position.
The change has been possible and has been sensed for months, when the tax reform was approved that gave the AFIP the option to receive taxes, as we said, for enjoying digital services with foreign providers.