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

Steven Dale Myers, 69

first_imgSteven Dale Myers, 69, Greensburg, passed away on Saturday, December 7, 2019 at his residence in Rushville.  Born, July 6, 1950 in Greensburg, Indiana, he was the son of Ray Thomas and Alma Catherine (Shoopman) Myers.  Steven worked for several years for the Rushville City Utilities.  He was a veteran of the United States Air Force.  He was an avid fisherman, Harley Davidson fan, knife collector, and loved spending time with his grandchildren. He is survived by two sons, Tony Myers, Rushville, Jason Myers, Indianapolis; two daughters, Jennifer (Jason) Roberts, Rushville, Stephanie (Jason) Miller, Rushville; nine grandchildren, Addison, Noah, Xander, Mack, Cory, Khloe, Bryant, Dillon, and Andrew; two great grandchildren, Mason and Mia Jean. He was preceded in death by his parents; two brothers, James and Tom Myers; six sisters, Barbara Sue Myers, Phyllis Jean Myers, Sandra Kay Myers, Betty Lou Myers, Carol Fry, and Rita Thomas. Visitation will be from 9-11:00 a.m. Thursday at the Porter-Oliger-Pearson Funeral Home in Greensburg. Funeral Services will be held at 11:00 a.m. on Thursday, December 12, 2019 at the funeral home with Rev. Terry Canfield officiating. Interment will be held in the Sandcreek Cemetery in Greensburg, Indiana.  Online condolences can be made to the family at www.popfuneralhome.comlast_img read more

Senate Concurs With House on LISCR Agreement

first_imgThe Senate plenary yesterday voted 17 for, 3 against and one abstention to concur with the House of Representatives on the ratification of the Amendment of the Extended and Restated Agency agreement between the Republic of Liberia and the Liberia International Ship and Cooperate Registry (LISCR) LLR.The Senate’s expected concurrence of the agreement days after the House of Representatives made a “4G” passage, followed hours of delay leading to the commencement of yesterday’s sitting which finally got underway at 13:45 GMT (1:45PM).Almost two weeks ago, the joint committees on Maritime, Judiciary, Human Rights, Claims and Petition of both Houses conducted a public hearing in the Joint Chambers of the Legislature, where presentations were made by Maritime Commissioner Binyan Kesselley, Ministry of Finance and Development Planning officials and legal experts, followed by questions posed by members of the joint committee.Giving reasons for the need to recommend the adoption and passage of the agreement, the joint committee noted: “That the agreement lends credibility and certainty to the management of the Maritime program, without which Liberia will not be able to retain the level of ship owners who are registered under Liberia’s maritime program.The joint committee headed by the experienced corporate lawyer, Senator Varney Sherman for Judiciary Committee, and Dallas A.V. Gueh for Maritime, noted that it is in the joint committee’s opinion that the ten years extension agreement will enable the Agent to perform the various tasks and responsibilities assigned to it by the amendment.Significant among these tasks, according to the joint committee, are the contribution of US$2m toward the acquisition of an asset in the United States for the Liberian government, to be used as headquarters of the Maritime Program; the Agent agreeing to assist the Liberia Maritime Authority in the effort to construct and develop an LIMA headquarters complex at the place designated by that authority.Also under the amended, extended and restated agreement, funds will be provided from Liberia’s share of revenue from the maritime program to construct the Maritime Institute in Marshall and provide instructional programs and instructors for the Maritime Institute in Marshall after it is constructed.Maintaining and expanding the maritime program to increase Liberia’s share of revenue would be additional 3%, according to the joint committee’s recommendation.Liberia also stands to benefit from the establishment of a ship recycling registry, which according to the agreement, is a new form of service that the maritime program does not provide but which is necessary for vessels selected to be scrapped or otherwise taken out of operation.The new agreement will keep LISCR, which still has years remaining on its current agreement, as Agent for Liberia Maritime program up to 2029.    Among signatories to the recommendation on the Maritime Committee are Senators Albert Tugbeh Chie, Henry W. Yallah, Varney Sherman all members, while Senators Nyonblee Karnga-Lawrence, co-chair and Geraldine Doe-Sherif were distant.Chaired by Senator Sherman, the Judiciary, Human Rights, Claims and Petition Committee members include Senators Morris Saytumah, co-chair, Joseph N. Nagbe, Steven Zargo, Albert T. Chie, and Thomas Grupee, distant. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Agent upbeat over AC Milan deal for Atalanta fullback Andrea Conti

first_imgThe agent of Atalanta fullback Andrea Conti says a move to AC Milan is now close.Atalanta are holding out for €30 million to sell Conti.“I’m very satisfied with the meeting,” Mario Giuffredi told the assembled media.“There’s still work to be done. Now Milan and Atalanta will have to talk to each other.”last_img