'Netflix Tax' planned by gov't likely to raise streaming prices
Though the providers themselves would be obligated to pay the added VAT, it’s likely that the move will result in higher subscription fees.
Toy figures of people are seen in front of the displayed Disney +, HBO Max, Apple TV, Netflix, Hulu and Prime video logos, in this illustration taken January 20, 2022. (photo credit: REUTERS/DADO RUVIC/ILLUSTRATION)