As you are aware, on November 10, 2012, the Tax Reform Act and Tax was enacted by the Executive. Under the content of the Act, the subscription television services received a supplement of 10% as Selective Consumption Tax (ISC). This tax should be considered for the billing of such services from the month of November 2012. As Consequently, as of this month, your bill will have the following positions:
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Concept | Fee Amount | Remains or is new? |
---|---|---|
Income Amount | TV Plan | Remains the same |
ITBIS (Tax on the Transfer of Industrialized Goods and Services) | 16% | Remains the same |
CDT (Contribution to the Development of Telecommunications | 2% | Remains the same |
ISC (Excise Tax) | 10% | New |
TOTAL TAX | 28% |
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