Duties/Tax on Digital Products soon?

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https://www.citizen.org/article/fac...n-customs-duties-on-electronic-transmissions/
Just wanted to share this article I found about the current WTO moratorium on customs duties for digital products. It looks like there's a chance this policy might change soon, which could mean higher costs for selling digital goods online, this also includes purchased licences, streaming services, etc. That might mean tighter profit margins for e-commerce folks and of course, everyone will raise prices and everything will become even more expensive for buyers.

Keep an eye out for updates on this. What do you think? Could this affect your business?
 
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In my country it has always been necessary to pay taxes on advertising
 
In my country it has always been necessary to pay taxes on advertising

This is about potential new taxes or duties being added on top of what we already have.
 
https://www.citizen.org/article/fac...n-customs-duties-on-electronic-transmissions/
Just wanted to share this article I found about the current WTO moratorium on customs duties for digital products. It looks like there's a chance this policy might change soon, which could mean higher costs for selling digital goods online, this also includes purchased licences, streaming services, etc. That might mean tighter profit margins for e-commerce folks and of course, everyone will raise prices and everything will become even more expensive for buyers.

Keep an eye out for updates on this. What do you think? Could this affect your business?
That's crazy, it would affect almost everyone. "Sir, your videogame download adds up to 70GB of weight, that'll be 127$ in customs fees" :D
 
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