The cost to pay pay television in Spain will be more expensive
QuoteDisplay MorePay-TV in Spain is more expensive from the moment the government the green light to VAT increase, which would increase from current 8% to 18%, according to the budgetary adjustment plans with new cuts and changes in tax value.
The VAT increase is one of the most demanded by the European Commission and the International Monetary Fund and Spain so far has resisted.
Pay-TV in Spain currently has a reduced rate of 8% and are projected to continue which will become 18% so that customers will see as increases the price of your subscription.
The VAT has already had its rise a few years ago in Spain when the reduced rate from 7% to 8%. However, by then it was a minimal increase compared to what is now studying the government.
source: June 26, 2012 - SatCesc.com
