HANOI: (HRNW) Vietnam’s information minister on Tuesday accused foreign streaming companies like Netflix and Apple of skirting their tax responsibilities, saying it would create unfair competition for domestic firms.
Foreign stream firms, which have combined revenues of nearly one trillion dong ($43.15 million) from one million subscribers, according to the information and communications ministry’s calculations, have never paid tax in Vietnam.
“Domestic companies have to abide by tax and content regulations while foreign firms do not, which is unfair competition,” the minister, Nguyen Manh Hung, told a government meeting.
“Some content on Netflix has flouted regulations related to the history and sovereignty of the country, violence, drug use, and sex,” he added.
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