A Mexican sales tax on foreign digital businesses providing audio or visual services could generate tax revenue of about 3.6 billion pesos ($185 million) a year, a senior lawmaker in Mexico’s ruling party said on Tuesday. “If we approve the initiative, the Mexican state could obtain around 3.6 billion pesos a year,” Ricardo Monreal, Senate leader of MORENA, told a news conference. Mexico has pursued new sources of revenue to help plug an income gap after changes in the way national oil company Petroleos Mexicanos (Pemex) contributes to state coffers.

source https://finance.yahoo.com/news/mexico-tax-netflix-spotify-rivals-000257821.html?.tsrc=rss