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‘NETFLIX TAX’

Developing storyGovernment Sets October 12 Date for Davendranath Tancoo’s 2027 Budget Presentation →

Business

Finance

Politics

October 13, 2026

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‘NETFLIX TAX’

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Anthony Wilson

Consultant Business Editor

Minister of Finance Davendranath Tancoo has proposed a 12.5 per cent VAT on digital services supplied by foreign providers, which currently include streaming platforms such as Netflix, Hulu, AppleTV, HBO Max and Disney+, and a higher surcharge on high residential electricity consumption. This introduces two additional costs for households in Trinidad and Tobago under the 2027 Budget.

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