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Tax Reform Affects Online Gambling VAT in Argentina

online gambling VAT in Argentina

In the year 2018, the Argentinian government plans to improve its economy with a tax reform. National VAT will be applied to digital service providers from outside Argentina. In other words, online gambling VAT in Argentina will also be imposed.

No clear tax rate has been set yet. However, online gambling VAT in Argentina could be as high as 27% for offshore operators. Other digital services include streaming services, cloud services, web-hosting and mobile applications. According to online gambling news in Argentina, 12% tax was introduced for Netflix and Spotify which are international providers.

On the 27th of December 2017, the new VAT bill was passed in the Senate level. Fast as lightning, Argentinian President Mauricio Macri signed the approval two days later. This decision will eventually become part of online gambling laws in Argentina. 2018, then, is turning out to be a year full of changes for both Argentinians and non-Argentinians alike.

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