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Netflix to Hike Argentine Subscription Fees by 20% in August

High levies on digital services will push the fully taxed Premium plan above ARS 25,000 per month.

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Overview

  • Netflix announced on July 11 that base subscription fees for all plans will rise by about 20% starting in August.
  • This is the second price increase in Argentina this year after Netflix raised rates in February.
  • Argentina imposes roughly 61% in digital levies, including a 21% VAT, an 8% Impuesto PAIS and a 30% income tax perception.
  • With levies applied, monthly costs will reach ARS 11,590 for Basic, ARS 19,318 for Standard and ARS 25,758 for Premium.
  • Additional account members will incur ARS 8,048 per month after taxes.