Home › Spain to impose tax on OTT platforms to fund local audiovisual production
 

Keywords :   


Spain to impose tax on OTT platforms to fund local audiovisual production

2020-11-09 11:23:00| Telecompaper Headlines

(Telecompaper) The Spanish government is set to bring in legislation that would impose a 5 percent tax on OTT platforms including Netflix, HBO, Amazon Prime Video and Disney+ with a view to funding local and European audiovisual production, according to a draft law introduced by the Ministry of Economic Affairs and Digital Transformation. Under the draft General Law on Audiovisual Communication, the streaming giants will be taxed on the basis of earnings generated in Spain "in line with the reality of the market where new audiovisual players have multiplied as a result of new technologies," said the ministry.

Tags: local production tax spain

Category:Telecommunications

Latest from this category

All news
04.03Your AI Agents Are Only As Smart As Your Data Infrastructure
24.02What Is a Forward Deployed Engineer? The Role Bridging AI Ambition and Production Reality
23.02From AI Pilots to Production Results with Governed Execution
Telecommunications »
06.032026 Crop insurance prices favor soybeans over corn
06.032026 Crop insurance prices favor soybeans over corn
05.03Pork industry titans inducted into NPPC Hall of Fame
05.03Parker honored with Paulson-Whitmore Award at National Pork Industry Forum
05.03Beef.com launches digital infrastructure blueprint
05.03Inside the beef market: Prices, policy, and meat inspection
05.03Oil prices, market impact from military strikes in the Middle East
05.03Oil prices, market impact from military strikes in the Middle East
More »