Netflix has confirmed that it will be increasing the price of its intermediate and premium packages by 16 percent and those of its basic package by 8 percent to reflect the new government’s new value-added.
The new 16 percent VAT on over-the-top (OTT) providers of digital services approved last year has prompted the streaming giant to hike the price of its basic (SD) plan to MXN 139 a month from MXN 129, with the standard (HD) plan rising to MXN 196 a month from MXN 169 and the premium (UHD) plan to MXN 266 a month from MXN 229.
In a statement, the company said: “as reported in late 2019, the Mexican government is adding VAT to digital services like Netflix from 01 June 1,” adding that “we have started notifying our users that we will adjust our prices accordingly, while working to minimise the impact on our basic plan.”
In addition to OTT providers, the new VAT will also apply to transport and delivery services including Uber, Cabify and Sin Delantal as well as online e-commerce platforms such as Mercado Libre.
more recommended stories
Maya craftsman receives support from the British Museum to create pigment
Luis May found the plant that.
Citizens and family march to demand justice for the alleged femicide of Arlette
Mérida, Yucatán, (May 17, 2021).- Friends,.
Tourism promotes the sale of typical clothing in the Yucatan Peninsula
The sale of typical clothing has.
American tourist found dead in a hotel room in Playa del Carmen
His companions tried to wake him.
Yucatán will have to regulate vertical real estate growth: AMPI
Due to the migration of people.
Playa del Carmen will host the National Congress of Speleology
The event will take place from.
Cancun teen is accepted into NASA’s International Air and Space Program
Student from Cancun makes notebooks to.
Merida municipal government will promote the Maya culture
Mérida, Yucatán, (May 17, 2021).- “In.
Teacher’s vaccination campaign to begin in Yucatan on Tuesday, May 18th
Mérida, Yucatán, (May 17, 2021).- Active.
Central Americans returned to Mexico are targets for abuse and violence
REYNOSA, Mexico — Thousands of migrants.