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DINESH KARTHIK - 83 (35) Vs SRH while chasing 288. RCB lost that game by just 25 runs Margin , which helped them qualifying for playoffs.

109,252 views • 4 months ago •via X (Twitter)

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“Netflix posted $1.47 billion in revenue in Australia in 2025, $1.35 billion of which was sent overseas as “distribution fees” to its parent entities. After its offshore fees, Netflix Australia had $119 million in revenue and $20 million in profit. It paid $16 million in income tax and paid a dividend of $41 million. This allows them to transfer vast amounts of money abroad, very little of which is taxable in Australia. Netflix had an effective local profit margin of 1.4 per cent of its total Australian revenue. “A distribution fee is paid by the company under this agreement, and the operating margin retained by the company is an arm’s length return in accordance with the Netflix Group’s transfer pricing policy,” the accounts say. There is no suggestion of wrongdoing by Netflix.” •••••••••••••• Globalists often talk about tariffs and how bad they are for free trade, but you rarely hear them complain about reverse tariffs whereby multinational companies can send profits offshore at tax rates much lower than onshore tax rates. Netflix has a local operating profit margin of 1.4% while their worldwide operating profit (see accounts in comments) was 28%. Multinationals get away with shifting so much money offshore because of our tax treaties allow them by setting withholding tax rates well below the onshore company tax rate. For example the withholding tax on royalties paid to the U.S. is just 5%. (See link below) Netflix can save 25% in every dollar it transfers offshore. So 25 cents on $1.35 billion transferred offshore is $338 million in lost company tax to Australia. To be fair to Netflix, some of the fees paid offshore should be offset by production costs but not at rate of 98.6% in the dollar. I.e 1.4% margin. is the only party that understands transfer pricing. We will apply a 25% withholding tax on all offshore payments that exceed the operating profit ratio of its worldwide entity.

Gerard Rennick

64,272 views • 3 months ago

On This Day: 22 Years ago; The Cleanest hitting of the Red Cherry happened at Christchurch Nathan Astle; came to bat at 119/3 & in next 4 hours he smashed 222 runs in just 168 balls with 28 Fours & 11 Sixes in 4th inning while chasing the Target of 550 Now allow me to give some insights about this already celebrated inning: After 81 overs,Score was 315/8 & Nasser Hussain took the new ball & 89 runs were smashed in next 6 overs, in which one over was wicket maiden! Astle scored 70 runs in 20 balls after new ball taken & went from 100 to 200 in just 39 balls... Chris Cairns was not supposed to bat as he was injured but as per Stephen Fleming; Astle was in such a mood that they just wanted to see what else he can do & Cairns came to bat at the score of 333/9 118 runs were added for the last wicket in...10.5 Overs! Hoggard who picked up 7 wickets in 1st inning got smashed for 41 runs in his 2 overs... Caddick who picked up 6 wickets in 2nd inning got even worse hammering as his 7 consecutive balls went for 38 runs(4 6 6 4 6 6 6) Third man, Extra Cover,Midwicket & Down the ground straight, every corner of the ground Astle just smashed it... England tried even negative tactics to stop Astle as out of 168 balls he faced, 38 were pitched outside leg;But he was unstoppable... During this onslaught;Astle hit the new ball onto the roof of the Stand No. 2 stand where it was lost... The ball that was taken in his place was again hit by him onto the roof of the Stand No. 1 & again got lost. As Nasser Hussain himself said: "When every ball was disappearing out of the ground & I'm at mid-off, they are looking at me as if to say, "Skip, what do we do here, this doesn't usually happen." Anyone who watched that innings will always remember the horror looks on the faces of Nasser Hussain & English players... New Zealand lost this game by 98 runs when Astle finally dismissed but the way Astle was batting that day; it was matter of just extra half an hour ... Just listen sound of the bat 🔥

Abhishek AB

318,401 views • 2 years ago