{"id":9485,"date":"2024-11-19T14:53:46","date_gmt":"2024-11-19T14:53:46","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=gambling&#038;p=9485"},"modified":"2024-11-19T14:53:47","modified_gmt":"2024-11-19T14:53:47","slug":"netflix-max-sports-betting-and-e-sports-will-pay-vat-and-isc-to-peruvian-government","status":"publish","type":"gambling","link":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/netflix-max-sports-betting-and-e-sports-will-pay-vat-and-isc-to-peruvian-government\/","title":{"rendered":"Netflix, Max, sports betting and e-sports will pay VAT and ISC to Peruvian Government."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The new tax framework, which includes sports betting houses and e-sports platforms, will come into force in April 2025. This regulation includes both local and international platforms, which operated without an established tax scheme.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.youtube.com\/watch?v=4d0WZjXrn98&amp;t=29s\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/feria24\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl.png\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Since August 2024, streaming platforms such as Netflix and Max adjusted their rates due to the application of the General Sales Tax (VAT). This measure, promoted by the Ministry of Economy and Finance (MEF), seeks to expand the tax base by including non-domiciled foreign companies that offer digital services to Peruvian users.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/international\/netflix-max-sports-betting-and-e-sports-will-pay-vat-and-isc-to-peruvian-government2.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">According to the regulations, sports betting and e-sports will not be subject to VAT, but they will be subject to ISC. Sunat pointed out that this approach allows a more specific approach to the social and economic risks associated with these activities. As it is a rapidly growing sector, tax regulation seeks to establish a balance between the promotion of economic activity and the protection of consumers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The VAT applied to digital services has allowed the State to collect additional income, leveling the competitive conditions between local and international companies. According to the MEF, this initiative seeks to ensure that all digital market players contribute to the country&#8217;s economic development.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although digital betting platforms are not subject to VAT, their inclusion under the ISC reflects a strategic approach by the government to address different sectors of the technology market. Together, these measures will allow for more efficient control of digital services and strengthen tax collection.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new tax framework, which includes sports betting houses and e-sports platforms, will come into force in April 2025. This regulation includes both local and international platforms, which operated without an established tax scheme. Since August 2024, streaming platforms such as Netflix and Max adjusted their rates due to the application of the General Sales [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9486,"menu_order":231,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-9485","gambling","type-gambling","status-publish","format-standard","has-post-thumbnail","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Netflix, Max, sports betting and e-sports will pay VAT and ISC to Peruvian Government. - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/netflix-max-sports-betting-and-e-sports-will-pay-vat-and-isc-to-peruvian-government\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Netflix, Max, sports betting and e-sports will pay VAT and ISC to Peruvian Government. - Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:description\" content=\"The new tax framework, which includes sports betting houses and e-sports platforms, will come into force in April 2025. 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