Netflix Says Ready to Pay Tax After Vietnam Complaint

first_imgThe minister’s criticism against Netflix also focused on its content.Hung said some of its shows feature “violence, use of drugs, and pornography,” violating censorship laws that govern Vietnam’s tightly controlled film industry. He also specifically singled out a Vietnam War documentary for its “wrong reflection of history”. Separately, in 2017 Netflix removed the Stanley Kubrick classic Full Metal Jacket from its catalogue after a request from the government. Vietnam is hoping to build a reputation as a Southeast Asian hub for fintech, but is hampered by draconian laws governing media and digital spaces. Netflix’s run-in with the Vietnamese authorities comes amid growing concern in countries around the world about taxes paid, or not, by US tech giants. Amazon, Google, and Facebook have all come under fire for paying seemingly negligible tax on huge revenues.Earlier this month, Spain said it is preparing legislation that would impose a five percent tax on platforms such Netflix, with the aim of using the funds to boost domestic film production.Apple has not yet responded to a request for comment. Which is the best TV under Rs. 25,000? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below. Netflix insisted Wednesday it was prepared to pay tax in Vietnam after a government minister accused the streaming giant of dodging its obligations to the communist nation.The information minister this week singled out Netflix and newcomer Apple TV for not paying tax, saying foreign platforms earn an estimated $44 million (roughly Rs. 300 crores) a year in revenues from a skyrocketing subscriber base across Vietnam.- Advertisement – “However today such a mechanism does not exist.”The streaming juggernaut’s entry into Southeast Asia has had a major impact on viewing habits. The massive popularity of the service has pushed Netflix to invest in locally produced shows and films, such as Vietnamese martial arts movie “Furie”.- Advertisement – “Some cross-border platforms have neither paid taxes nor operated in accordance with the laws, creating unfair competition,” Nguyen Manh Hung told Vietnam’s national assembly Tuesday.But a Netflix spokesperson told AFP the company complies with relevant Vietnamese laws and is in talks with authorities on the issue. “We are supportive of the implementation of a mechanism that will make it possible for foreign service providers like Netflix to collect and remit taxes in Vietnam,” they said in a statement. – Advertisement – – Advertisement –last_img read more

Cambridge United release midfielder Lambe

first_img(CMC) – MIDFIELDER Reggie Lambe, a former Bermuda captain, is looking for a new club after being released by English League Two club Cambridge United.Lambe, 29, who joined Cambridge in 2018 on a two-year deal, is one of nine out-of-contract players being released at Abbey Stadium this summer.Lambe joined Cambridge after two seasons at Carlisle United following two seasons at League Two rivals Mansfield Town.Earlier, Lambe had spells with Ipswich Town, now an English League One side, where he began his professional career, and in Toronto’s Major League Soccer and Nykopings in the third tier of Swedish football.Meanwhile, fellow Bermudian Jonté Smith’s future at League Two outfit Cheltenham Town is also up in the air.Smith, a 25-year-old striker, will be a free agent from June 30.Manager Michael Duff said he was currently “not in a position” to offer new deals to the club’s 11 out-of-contract players, including Smith, the son of former Bermuda national cricket coach Clay Smith.Duff said: “I don’t know what my budget will be or what division we will be in so I am not in a position to offer people anything.“I feel for the players as they want to know.”League Two clubs have unanimously expressed their wish to end the regular season with nine or 10 matches left owing to the coronavirus pandemic. Cambridge United were in 16th place.But Cheltenham, Northampton Town, Exeter City and Colchester United are still in line for a place in League One as the English Football League still hopes to stage the regular end-of-season play-offs.The semi-finals are planned to take place behind closed doors over two legs at the clubs’ grounds with a final to follow.Crewe Alexandra, Swindon Town and Plymouth Argyle filled the top three spots when play was halted and are expected to win automatic promotion to League One.last_img read more