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Netflix, Disney, and other platforms could fetch up to $ 44 million in taxes annually | Economy

Peru Since 2003 – Comex notes in its latest publication – income from digital services obtained by companies not resident in the country is taxed......»»

Category: lifestyleSource: abscbn abscbnJan 18th, 2021

Biden knocks Trump as rivals barnstorm heartland in election finale

Joe Biden intensified his attacks Friday on President Donald Trump as they battled over the American Midwest, chasing every last vote with four days to go in a region that propelled the Republican to victory in 2016. RUS President Donald Trump speaks during a campaign rally at Rochester International Airport October 30, 2020 in Rochester, Minnesota. With Election Day only four days away, Trump is campaigning in Minnesota despite the recent surge in coronavirus cases in the state. In accordance with state orders, only 250 people will be able to attend the rally with Trump while thousands of others will gather outside the airport to watch on a large television screen. (Chip Somodevilla/Getty Images/AFP) Trump and Biden barnstormed three heartland states each — with a resurgent coronavirus passing the milestone of nine million cases as they hit the stump — highlighting their differences in a race overshadowed by the pandemic. Trump, heralded a “big day” of campaigning as he left the White House, then held a rally in Michigan before heading to Wisconsin and Minnesota, all states battling climbing numbers of virus cases. “We just want normal,” Trump told supporters — many of them unmasked — at an outdoor rally near Detroit as he pushed states to relax public health restrictions and resume daily life. He again bucked his own administration’s health experts as he downplayed the Covid-19 threat, saying “if you get it, you’re going to get better, and then you’re going to be immune.” Covid-19 has killed nearly 230,000 people in the US, which is experiencing surges in most states as the winter flu season looms. The outbreak has ravaged the economy, and while there have been signs of recovery, millions remain jobless. Biden was also stumping in Wisconsin and in Minnesota, where he sharpened his attacks on the president on everything from Trump seeking to dismantle Obama-era health care protections and keep his taxes secret to climate change and trade policy with China. “We can not afford four more years of Donald Trump,” the 77-year-old Democrat said at a socially distanced drive-in rally in St. Paul, Minnesota. “So honk your horn if you want America to lead again!” he said, embracing the awkward pandemic-era campaign trend of rallying supporters in their vehicles. “Honk your horn if you want to have civility again, and honk your horn if you want America to be united again!” Earlier in Iowa he attacker Trump over his handling of the pandemic. “Donald Trump has given up (and) waved the white flag,” Biden told a drive-in rally with more than 300 cars in Des Moines. – ‘Less divided’ – Trump flipped Iowa, Michigan and Wisconsin from the Democrats to clinch his shock victory four years ago.  Now polls show Biden leading in all three, albeit narrowly in Iowa. It was Biden’s first visit to Iowa since his inauspicious campaign start in February, when he placed a dismal fourth in the opening Democratic nominating contest. So can Biden win over enough voters to prevail in the Hawkeye State? “I wouldn’t put money on it,” Iowa attorney Sara Riley, 61, said at Biden’s event, although she was more confident about him clinching the White House. “I think Americans, even Trump supporters, want to get to a place where the country is less divided,” Riley said. With voters concerned about the health hazards of crowded polling stations on November 3, a record 86 million have already cast early ballots by mail or in person. Even as the US hit a grim new high in daily Covid-19 infections Thursday, Trump has stuck to his guns, downplaying the dangers and branding Democrats as rampaging “socialists” intent on shuttering the country. And while Trump has touted the economic successes of his presidency, including positive GDP figures Thursday, US stocks closed out their worst week since March, highlighting concerns about a shaky recovery. – ‘Turn Texas blue?’ – After a campaign largely muted by the pandemic, Biden is on the offensive, pushing Trump onto the back foot in unexpected battlegrounds like Texas, a large, traditionally conservative bastion now rated a toss-up by multiple analysts. On Friday the state reported that a staggering nine million residents had already voted, surpassing its entire 2016 total. Biden’s running mate Kamala Harris visited Texas Friday in a bid to turn the state Democratic for the first time since president Jimmy Carter in 1976. “We have a chance to turn Texas blue,” the 96-year-old Carter said in a fundraising email. Biden winning there would be a dagger to Trump, but the president dismissed the notion, saying: “Texas, we’re doing very well.” Trump and Biden are focusing their greatest efforts on traditional battlegrounds that will decide the election — such as Florida, where both campaigned on Thursday. On Saturday Biden returns to the Midwest bringing with him perhaps his strongest surrogate: ex-president Barack Obama, making his first joint in-person campaign appearance of the year with his former VP. Motown music legend Stevie Wonder will join them, the Biden campaign said. Trump will spend the day campaigning in the critical state of Pennsylvania, where he narrowly trails Biden in polls. Biden will follow suit there both Sunday and Monday in a clear sign that his campaign sees the Keystone State as absolutely crucial to his victory......»»

Category: newsSource:  inquirerRelated NewsOct 31st, 2020

Christmas 2020 for workers and farmers

HOTSPOT Tonyo Cruz Two things workers are looking forward to at the end of each year are the 13th month pay and the Christmas bonus. And it seems about two million workers may not get any 13th month pay at all, if the Duterte government would have its way. The reason? Because of the pandemic. In reaction, Kilusang Mayo Uno chairperson Elmer Labog  issued his shortest statement yet this year, unable to hide labor’s frustration: “It is the government’s responsibility to bail out MSMEs in times of emergencies.” Indeed, it is the state’s obligation to support and prop up micro, small and medium-scale enterprises especially now in the time of pandemic. By saying MSMEs could dispense with the 13th month pay, the government is practically passing on its responsibility to MSMEs. Workers continue to give their share through the cheap, underpaid and overstressed labor power that makes sure MSMEs continue to function and perform their role as main engines of the economy. The government must do its job: Bail out the MSMEs. It is quite surprising that the Duterte government seems disinterested in bailing out MSMEs, considering the avalanche of news about the borrowings here and there. According to Sonny Africa, executive director of the think-tank Ibon Foundation, the borrowings has reached a historic high: “It took 118 years for the country’s debt to reach P6.1-trillion in 2016. President Duterte is taking just six years to more than than double that to P13.7-trillion in 2022.” Again, the reason for the borrowing has been “because of the pandemic.” Regardless of where the money goes, and whether or not MSMEs and workers received only a drop from it, they would pay the entire debt through more and higher taxes for years to come. Workers are not asking for something they have not earned through hard work. They earned that 13th month pay. It is not an optional thing. It is part of the law. The pandemic should oblige the state to bail out our MSMEs to enable them to fully function, and to give the workers’ their due under the law. Workers have given and lost a lot because of the pandemic. Workers have not asked for free rides to work, but the government fails to provide adequate and safe mass transport. Workers have asked for free mass testing in their companies and communities, but the government has other ideas. Workers and their families would have fared better with unemployment benefits amid the dismal pandemic response of government, but it seems the same government wishes to push them instead to pawnshops and loan sharks. We haven’t even factored in the laid-off, underemployed and unemployed workers, as well as the undetermined number of overseas Filipino healthcare workers stranded in the country since April. They all don’t wish to be “patay-gutom” and “pala-asa”.  They don’t wish to stay unemployed and be dependent on aid. They are ready to work and earn their keep. But since the president made policy decisions affecting their ability to obtain work, it is the government’s obligation to bail them out as well. The situation of our nation’s farmers is no different. For instance, rice farmers continue to produce our national staple. The pandemic made even worse the effects on them of the combined power of policies such as rice tarrification, the stranglehold of Big Landlords, the vast influence of rice cartels, and the continued operation of illegal rice importers. Price monitoring by Bantay Bigas and the Kilusang Magbubukid ng Pilipinas reveals the outrageously low palay prices nationwide, which means ruin to our nation’s rice farmers: Negros Occidental and Bicol region P10; Capiz P10-P11; Caraga P11; Tarlac P11-12; Ilocos Sur and Nueva Ecija P11-13; Camarines Sur P11.50-14; Bulacan and Mindoro P12; Isabela P12-P13.50; Pangasinan P12-P12.30; Antique P12.50; Agusan del Sur P13; Davao de Oro P13.14; Davao del Norte, Surigao del Sur and South Cotabato P13.50; North Cotabato P14; and Lanao del Norte P15. If you look at it, plantitos and plantitas today pay 20 to 50 times more for ornamental plants, compared to the prices traders and the NFA offer to our farmers. According to Bantay Bigas and KMP, the government procures way less than 20 percent of the produce of rice farmers.  And then we hear that the NFA would rather import rice from other countries, at pandemic-affected prices at that. Without any state intervention, by way of NFA buying rice farmers’ produce at P20 per kilo, and providing loans to farmers, there could be worse rural poverty in the coming months and years. Between our workers and farmers, their families have been made to sacrifice a lot since March, with prices of basic goods spiking, with new and higher expenses arising from online classes for the children. There cannot be no aid for them.  Neither should workers and farmers shoulder the burden of the failure or refusal of government to provide funding for bailouts sorely needed by MSMEs, and be forced to accept new national debts to pay for policies such as rice tarrification and importation. The government knows the scale of the problem. The Department of Labor and Employment says 13,127 companies have either laid off workers or permanently closed. The response cannot be “pass the burden to workers”. The answer should be: “the state must do everything to rescue the companies and the workers.” OFWs across the world should be familiar with bailouts and economic protections because of the pandemic. Many countries that host OFWs enacted huge bailouts and stimulus to their economies, partly so that migrant labor could continue to be employed. They enjoy health insurance, and special COVID19 coverage. Governments handed out checks to both citizens and companies. Is it too much to ask that the same be done in our own country? Or do Filipinos have to go abroad to experience such social and economic protections?.....»»

Category: newsSource:  mb.com.phRelated NewsOct 9th, 2020

Digital economy tax to raise billions in revenues

Salceda bill to require online platforms to pay their 'fair share' of taxes The post Digital economy tax to raise billions in revenues appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsMay 21st, 2020

First Gen& rsquo;s net income climbed 34% to P15.4 billion in 2019

First Gen Corp., the Lopez Group’s power generation company, said net income attributable to equity holders climbed 34 percent in 2019 to P15.4 billion ($296 million) from P11.6 billion ($221 million) in 2018 on higher electricity sales of clean fuel platforms, foreign exchange gains, lower interest expense and benefits from deferred income taxes......»»

Category: financeSource:  thestandardRelated NewsMar 18th, 2020

Hulu reports increasing users, new shows, with Disney in control

NEW YORK, USA – Hulu announced Wednesday, May 1 that its user base has grown to some 28 million as the streaming video platform now controlled by Walt Disney gears up to take on Netflix. Hulu said it was adding new original shows including the Marvel ........»»

Category: newsSource:  rapplerRelated NewsMay 2nd, 2019

Quick laugh: Netflix targets short Tik Tok-style videos | Television

Netflix also wants to take advantage of the growing trend of short videos on the platforms. To do this, I launched a file New job.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2021

Get your popcorn ready! Enjoy these weekend movies on Netflix, HBO, and Prime Video

United State. – On October 1, 1971, the Walt Disney World Resort officially opened its doors to visitors for the first time; A culmination of.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 28th, 2021

Filipinos Leaned to Embrace FinTech Amid the Pandemic

Filipinos have further embraced digital transactions and the digitalization of payments amid the coronavirus disease 2019 (COVID-19) pandemic, which helped the country’s economy to still have activity albeit limited. According the data from Bangko Sentral ng Pilipinas (BSP), the volume of PESONEt transactions in 2020 grew by an enormous 376-percent year-on-year to 15.3 million last […].....»»

Category: sportsSource:  abscbnRelated NewsFeb 20th, 2021

What to watch on CCC Go, Netflix, Amazon and Disney +

CCC GO The Secret Life of Pets 2 (HBO, 5:15 PM) follows the story of Max and his friends, who pursue their secret lives after.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 19th, 2021

All of this Netflix series looks like Dead to Me

When drama turns into comedy, really great shows come out. Last updated 02/09/2021 16:44 The Successes On broadcast platforms, this can also be extrapolated to.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 9th, 2021

The new make-up trend inspired by The Bridgertons

Bridgerton Not only did it become the best first show in Netflix history – 83 million users watched the series in the first 28 days.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 8th, 2021

Cebu City to get P50M annually from modernized Carbon Market

CEBU CITY, Philippines — Cebu City should get around P50 million annually once the modernized Carbon Market is operational. According to Louis Ferrer, the executive director for infrastructure of Megawide, this was the agreed minimum guaranty the city will get for allowing Megawide to modernize and co-operate the market. This means that within the 50 […] The post Cebu City to get P50M annually from modernized Carbon Market appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsFeb 5th, 2021

Sleep series? Netflix includes a special function for those who fall asleep

Without a doubt, one of the most popular and successful video clips on the application platforms Netflix, Largely thanks to its original production and the.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 31st, 2021

Taxes are the nation’s lifeblood

At the start of the lockdown last year, businesses had to close down, except for those considered as essential. It was probably only during the third quarter of last year when momentum picked with the re-opening up of the economy and with more business activities allowed to resume......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2021

You miss it! Critics Speak: These are the best Netflix movies

United State.- Netflix It continues to position itself as one of the platforms for flow With the largest number of subscribers. Its extensive catalog allows.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 25th, 2021

Netflix s Lupin marks rise of international TV content

The success of the French crime series "Lupin" on Netflix, riding on the heels of hit Spanish show "Money Heist," may hint at a waning of US dominance on the small screen as ambitious European, Latin American and South Korean players kick down the doors on streaming platforms. .....»»

Category: entertainmentSource:  thestandardRelated NewsJan 24th, 2021

‘Economic Cha-cha to generate 1.6 million jobs’

Opening up the economy to foreign investors by amending restrictive economic provisions in the 1987 Constitution could generate 1.6 million jobs, a study by the University of the Philippines said......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2021

Raffy Tulfo sinubukan na ring umarte: Hindi bagay sa akin, natatawa ako sa sarili ko

MAITUTURING na ngayong isa sa pinakasikat na YouTube star ang TV host-news anchor na si Raffy Tulfo with 18.3 million subscribers sa kanyang YT channel. Kaya naman ang laging sinasabi ng publiko, siya na ang pinakasikat na Tulfo ngayon sa mundo ng telebisyon, social media at sa iba pang digital platforms. “Honestly, I don’t think […] The post Raffy Tulfo sinubukan na ring umarte: Hindi bagay sa akin, natatawa ako sa sarili ko appeared first on Bandera......»»

Category: newsSource:  inquirerRelated NewsJan 21st, 2021

Phoebe Dynevor shares secret to sizzling chemistry with Regé-Jean Page in Bridgerton

Ladies and gents, the sexy period drama Bridgerton has become the toast of the town. In its first four weeks, the Shondaland production on Netflix has been projected to reach more than 63 million households, which would make it the streaming service’s fifth biggest original series to date......»»

Category: entertainmentSource:  philstarRelated NewsJan 19th, 2021

Biden to sign executive orders on Day 1, amid high alert for inauguration

Joe Biden’s top aide said Saturday the incoming president would sign about a dozen executive orders on his first day in office, as police fearing violence from Trump supporters staged a nationwide security operation ahead of the inauguration. Authorities in Washington, where Wednesday’s inauguration will take place, said they arrested a man with a loaded handgun and more than 500 rounds of ammunition at a security checkpoint, underscoring the tension in the US capital which is resembling a war zone. However, the man’s family told US media he was a security guard, rejecting the idea he was intent on causing harm. Incoming Biden chief of staff Ron Klain said in a memo to new White House senior staff that the executive orders would address the pandemic, the ailing US economy, climate change and racial injustice in America. “All of these crises demand urgent action,” Klain said in the memo. “In his first ten days in office, President-elect Biden will take decisive action to address these four crises, prevent other urgent and irreversible harms, and restore America’s place in the world,” Klain added. As he inherits the White House from Donald Trump, Biden’s plate is overflowing with acute challenges. The US is fast approaching 400,000 dead from the Covid-19 crisis and logging well over a million new cases a week as the coronavirus spreads out of control. The economy is ailing, with 10 million fewer jobs available compared to the start of the pandemic. Biden this week unveiled plans to seek $1.9 trillion to revive the economy through new stimulus payments and other aid, and plans a blitz to accelerate America’s stumbling Covid vaccine rollout effort. On Inauguration Day Biden, as previously promised, will sign orders including ones for the US to rejoin the Paris climate accord and reverse Trump’s ban on entry of people from certain Muslim majority countries, Klain said. “President-elect Biden will take action — not just to reverse the gravest damages of the Trump administration — but also to start moving our country forward,” Klain said. – 500 rounds of ammunition – Meanwhile, Washington was under a state of high alert after a mob of President Donald Trump’s supporters stormed the Capitol on January 6. The assault left five people dead, including a police officer. Security officials have warned that armed pro-Trump extremists, possibly carrying explosives, pose a threat to Washington as well as state capitals over the coming week. Thousands of National Guard troops have been deployed in Washington and streets have been blocked off downtown with concrete barriers. On Friday night, police arrested a Virginia man at a security checkpoint where he tried to use an “unauthorized” credential to access the restricted area where Biden will be inaugurated. As officers checked the credential against the authorized access list, one noticed decals on the back of Wesley Beeler’s pick-up truck that said “Assault Life,” with an image of a rifle, and another with the message: “If they come for your guns, give ’em your bullets first,” according to a document filed in Washington, DC Superior Court. Under questioning, Beeler told officers he had a Glock handgun in the vehicle. A search uncovered a loaded handgun, more than 500 rounds of ammunition, shotgun shells and a magazine for the gun, the court document said. Beeler was arrested on charges including possession of an unregistered firearm and unlawful possession of ammunition. But Beeler’s father Paul told The New York Times his son had been working as a security guard on the Capitol grounds. Asked if the younger Beeler supported a peaceful transition of power, Paul Beeler told the newspaper, “That’s the reason he’s there.” In addition to the heavy security presence in Washington, law enforcement was out in force in state capitals around the country to ward off potential political violence. Mass protests that had been planned for the weekend did not materialize on Saturday, with security far outnumbering Trump supporters at several fortified statehouses, US media reported. In St Paul, Minnesota, for example, hundreds of law enforcement officers, some armed with long guns, ringed the Capitol with National Guard troops providing backup.  The number of protesters totaled about 50......»»

Category: newsSource:  mb.com.phRelated NewsJan 17th, 2021