Streaming service giant Netflix officially announced its new monthly subscription pricing for Indonesian users on Saturday, in accordance with the government's new value-added tax (VAT) rules.
As shared on its website, Netflix's cheapest subscription plan, called the Mobile package, which previously cost Rp 49,000 (US$3.35), is now priced at Rp 54,000. Meanwhile, its Basic, Standard and Premium packages now cost Rp 120,000, Rp 153,000 and Rp 186,000, respectively.
"As informed in media reports, the Indonesian government will impose a value-added tax [PPN] on digital services, including Netflix, starting Aug. 1. New members of Netflix will be able to see the new subscription pricing starting today [Saturday]. Information related to these changes has also been informed to our existing subscribers," Netflix told kompas.com on Saturday.
Under Finance Ministerial Regulation No. 48 as stipulated in July, nonresident foreign firms that sell digital products and services in Indonesia worth at least Rp 600 million a year or generate yearly traffic from at least 12,000 users will be required to pay a 10 percent VAT.
In addition to Netflix, the VAT applies to tech firms such as Amazon Web Services, music streaming service Spotify and Alphabet’s Google for its Google Asia Pacific, Google Ireland and Google LLC units. (kes)Artikel Asli