Portugal's Extension of Exhibition Levy and New Annual Levy for Video Streaming in Force
On 17 February 2021, amendments to Portugal's legislation on the provision of audiovisual media services entered into force. This includes two key changes:
- The exhibition levy, which is levied at a rate of 4% on the price paid for commercial audiovisual advertising in cinemas and television broadcasts, is extended to audiovisual advertising displayed via on-demand and video sharing platform se…