Connect with us

Economy

“Netflix tax” could bring the state about 1.2 million euros

Published

on

"Taxa Netflix" pode render cerca de 1,2 milhões de euros ao Estado

In October 2020 the Films Act was revised. However, the highlight was the introduction of a new 1% annual fee for streaming platforms (Netflix, HBO, Disney + and Amazon), as well as the time set for the transmission of pornographic content.

According to the latest figures, the state expects to raise around € 1.2 million at this new rate, dubbed the Netflix rate.

Besides "Netflix Fee", there is more news ...

Account 44 / XIV already approved approved October 2020... Considering that streaming platforms (Netflix, HBO, Disney +, Apple +, and Youtube) are charged a fee of 1% (“netflix commission”) on revenue, the Institute for Film and Audiovisual (ICA) estimates it will bring from 1 million and 1.2 million euros. The assessment was sent to the ECO by the ICA official source.

In line with the provisions of the new Cinema Act regulation and in particular with respect to the 1% rate applied to operators of audiovisual services on demand by subscription, ICA estimates the revenue forecast for 2022 at 1.0 [milhões] and 1.2 million euros

The proceeds from the collection of this Netflix fee are returned to the Instituto do Cinema e Audiovisual (ICA) own revenues. If it is impossible to determine the amount of the corresponding income of these operators, "the annual fee is assumed to be one million euros.".

"Dachshund Netflix" can bring the state about 1.2 million euros

As stated Here, streaming platforms Netflix, HBO, Disney +, Apple + and Youtube will continue to have commitments to invest in film and audiovisual media in Portugal, similar to what is already happening with other operators.

It has been established that the investment obligations are fulfilled with “complete freedom of choice” and, if it is not possible to determine the amount of the respective income of the operators, the annual investment value is set at four million euros.

ICA's 4% TV ad view fee now includes services from video sharing platforms such as Youtube. Subscription fees for television services provided by, for example, NOS, MEO and Vodafone remain unchanged.

Another measure is related to pornographic content. Under the new law, this type of content can only be streamed across video sharing channels and platforms from 0:00 to 6:00.

Read too ...

See also  Famel has a new version of the mythical model XF-17
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy

House fees will rise from 89 to 202 euros in October for contracts with Euribor.

Published

on

House fees will rise from 89 to 202 euros in October for contracts with Euribor.

An enterprise simulation shows that a client with a loan of 150 thousand euros, for a period of 30 years, indexed to Euribor for six months and with a “spread” (bank profit margin) of 1%, starts paying from October 600.20 euros, which 146 euros more than the last review in April.

In the case of a loan with the same conditions (amount and maturity), but indexed to a three-month Euribor, the client will pay 555.25 euros, which is 89.08 euros more than in July this year.

Finally, for loans indexed to the 12-month Euribor, the mortgage payment on the loan under the above conditions will be 651.41 euros, which is 202.10 euros more than in October last year.

These values ​​have been calculated using September averages of Euribor of 1.596% for six months, 1.011% for three months and 2.233% for 12 months, according to Deco.

Today, on the last day of September, the Euribor rates rose to three and six months and fell to 12 months compared to Thursday.

The six-month Euribor rate, most commonly used in Portugal for home loans and entering positive territory on June 6, rose to 1.809% today, up 0.009 points, after rising to 1.858% on Wednesday, the highest since January 2009. .

The 3-month Euribor, which hit positive territory for the first time since April 2015 on July 14, also edged higher today when it was set at 1.173%, climbing 0.013 points after rising to 1.228% on September 27, a new high. since January 2012.

On the other hand, in 12 months, Euribor fell today, for the third time since September 9, when it was set at 2.556% minus 0.022 points against 2.625% on September 27, a new high since February 2009.

See also  Christmas. The rush to the shops has already begun, but there are always tricks to save money

Euribor began to rise more significantly since February 4, after the European Central Bank (ECB) acknowledged that it may raise key interest rates this year due to rising inflation in the eurozone, a trend that has accelerated with the start of Russia’s invasion of Ukraine. 24 February.

On September 8, the ECB raised three key interest rates by 75 basis points, the second consecutive increase this year, as it raised three key interest rates by 50 basis points on July 21, for the first time in 11 years. the purpose of curbing inflation.

At the end of the last meeting, ECB President Christine Lagarde said that a historic 75 basis point hike in interest rates was not “the norm”, but stressed that the evaluation would be carried out from meeting to meeting.

Changes in Euribor interest rates are closely linked to increases or decreases in ECB key interest rates.

Three-, six- and 12-month Euribor rates were the lowest ever, respectively: -0.605% on December 14, 2021, -0.554% and -0.518% on December 20, 2021.

Euribor is set on the basis of the average rate at which a group of 57 Eurozone banks are willing to lend money to each other in the interbank market.

Continue Reading

Economy

Inflation accelerated to 9.3%, a new 30-year high | Prices

Published

on

Inflation accelerated to 9.3%, a new 30-year high |  Prices

Price pressure on the economy is not easing. The consumer price index (CPI) rose 0.4 percentage points year-on-year in September to its highest level since October 1992. The inflation rate in Portugal in September amounted to 9.3%. quick assessment published this Friday by the National Statistical Institute (INE). In August, the value was recorded amounted to 8.97%.

Continue Reading

Economy

Germany prepares €200bn emergency plan for winter

Published

on

Germany prepares €200bn emergency plan for winter

The German government is preparing an emergency plan to ensure energy supplies during the coldest months of the year, at a time when the country’s energy security has become even more threatened after this week’s leaks in the Nord Stream gas pipeline.

Realizing that winter could be one of the harshest in recent years, the chief executive, led by Chancellor Olaf Scholz, has developed a 200 billion euro plan to address the energy shortage, using funds intended to mitigate the effects of the Covid-19 pandemic. . This strategy includes measures such as capping electricity and gas prices and supporting companies.

El Economista notes that the plan will increase the debt of Germany, which is already struggling with rising inflation, which stood at 7.9% in August.

“Prices must come down,” Scholz said in Berlin this Thursday, noting that comprehensive measures will be taken to protect pensioners, employees, families, “people from the countryside and the city, so that everyone can move.” go ahead and pay your bills.”

The German government guarantees that the package will not affect the country’s national debt targets next year and that it has been designed to protect the economy without hurting inflation.

“Russia is not only using weapons in the war in Ukraine, but also turning its energy resources into weapons at the international level,” Scholz accused.

Just today, the German energy regulator warned that households and businesses have consumed more gas than expected over the past week as temperatures begin to drop as autumn arrives. And he warns that savings of at least 20% are needed to avoid winter fuel shortages.

See also  Brabus 900 Rocket Edition. Almost 1000 hp in the fastest SUV in the world

Continue Reading

Trending