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
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
Telecommunications »
14.12Supermarket skincare dupes could save you hundreds. But do budget beauty products work?
13.12This Week in Agribusiness, December 13, 2025
13.12This Week in Agribusiness, December 13, 2025
13.12Christmas gifts wrapped and sent out for children
13.12Why your chocolate is getting smaller, more expensive and less chocolatey
12.12Cargill recalls single lot of livestock feed product
12.12Looking Back With Gratitude, Ahead With Purpose
12.12EU backs indefinite freeze on Russia's frozen cash ahead of loan plan for Ukraine
More »