So. Africa: PwC calls for digital streaming companies to pay their fair share of tax
Author: Adam Wakefield, News24 (So. Africa), Published on: 26 May 2015
'SA should tax digital giants', 26 May 2015: International companies that supplied content…via online streaming or subscription services should pay their fair share of tax, PwC said…Such multinational companies did not have to comply with the same tax rules as their local counterparts, and in some instances were not taxed, head of indirect tax for PwC Africa Charles de Wet said…"Digital giants should be held accountable and pay their fair share of…taxes." The content streaming market had grown, with many service providers such as Netflix, DStv BoxOffice, and HBO Go, as well as online magazines, news and newspaper providers becoming well known brands…"…[M]any foreign content providers may not officially supply services to South Africa…Despite this, South Africans are accessing these services by means of ‘location masking’ virtual private networks (VPN)." Foreign content providers benefited from the "tax-free" nature of the services they supplied…said De Wet...
Related companies: HBO (part of Time Warner)