Rolling Stones Bassist Bill Wyman Diagnosed With Prostate Cancer

first_imgRolling Stones bassist Bill Wyman has been diagnosed with prostate cancer, according to his representatives. The 79-year-old bassist performed with the Stones from the beginning in 1962, all the way until 1993.“Bill Wyman, former member of the Rolling Stones, has been diagnosed with prostate cancer. He is undergoing treatment and is expected to make a full recovery as it was caught in the early stages,” the Rolling Stones’ rep said in a statement. “The Wyman family has asked for their privacy during this time. No further comment will be made at this point.”Wyman also conveyed a similar message to his fans: We’re thankful this cancer was detected early and that Wyman is already on the road to recovery!last_img read more

Indonesia adds 8 more ‘VAT collector’ tech firms, including Alibaba Cloud, Microsoft

first_imgIndonesia has added eight more technology companies to a list of  “VAT collectors” – businesses that must charge 10 percent value-added tax (VAT) on all goods and services sold in the country – following the implementation of a digital tax policy earlier this year.The Finance Ministry’s Taxation Directorate General on Friday added Alibaba Cloud (Singapore) Pte. Ltd., Microsoft Corporation, Nexmo Inc. and Microsoft Regional Sales Pte. Ltd. to the list, along with GitHub Inc, UCWeb Singapore Pte Ltd, To The New Singapore Pte. Ltd. and Coda Payments Pte Ltd.“With these appointments, the companies will start to charge VAT for the products and services they sell to Indonesian consumers on Nov. 1, 2020,” the tax office said in a statement. The country collected Rp 1.03 quadrillion in state revenue in August, or 60.8 percent of this year’s target, marking a 13.1 percent year-on-year (yoy) decrease from a drop in both tax and non-tax revenue.Tax revenue, the main income source for the government, fell 15.6 percent yoy to Rp 676.9 trillion due to a sharp fall in corporate tax and import tax amid slowing economic activities.Indonesia was a huge market for digital products and services, and state revenue was expected to increase gradually as the government appointed more tech firms as “VAT collectors”, said Bawono Kristiaji, a research partner at the Danny Darussalam Tax Center (DDTC).“State revenue will also increase significantly from [collecting] corporate income tax from these digital firms,” Kristiaji told The Jakarta Post. He added that the Organization for Economic Cooperation and Development (OECD) was due to release a digital tax “blueprint” for countries soon.“This would be considered the global consensus and has the potential to benefit Indonesia going forward. Taxing tech firms is one of the best tax policy options to boost state revenue amid the coronavirus pandemic,” he said.Topics : Since July, the Taxation Directorate General has appointed 36 companies as “VAT collectors” to charge VAT on their goods and services in the country and pay it to the government.Non-resident digital service providers that generate minimum sales of Rp 600 million (US$40,851) per year or Rp 50 million per month from at least 12,000 users in Indonesia are required to charge VAT under the Law No. 2/2020.Technology behemoths Google Asia Pacific, Netflix and Facebook are among the “appointed VAT collectors”. Meanwhile, LinkedIn Singapore, two subsidiaries of Twitter, Skype Communications, Zoom Video Communications, McAfee Ireland, and Microsoft Ireland Operations started charging 10 percent VAT on Oct. 1.Governments around the world have been trying to ensure that tech giants pay their fair share of taxes in the countries where they operate, albeit without a physical presence. Indonesia’s move to do the same have come amid falling state revenues and an increasing shift to online platforms and remote work during the coronavirus health emergency.last_img read more

Regional QLD property markets back in business with buyers

first_imgTownsville’s housing market is experiencing a pick-up in demand. Photo: Megan MacKinnon.ONCE down and out, regional Queensland property markets are back in business with buyers, with some areas recording a surge in demand of more than 50 per cent in a year.New research from realestate.com.au reveals a strong pick-up in interest in houses and units in the main regional centres in the north and centre of the state.GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HEREEvery regional local government area in the state experienced a pick-up in demand in the past 12 months, except the Gold Coast, which appears to be experiencing a post Commonwealth Games hangover, according to the realestate.com.au Property Outlook report.Surfers Paradise on the Gold Coast.But with very high demand in some Gold Coast suburbs, that was likely to be short-lived, particularly given how popular the region was with Sydney-based property seekers, the report noted.Gladstone experienced the biggest jump in demand in the past year, with interest from potential buyers rising close to 40 per cent.HOME FIT FOR HARRY AND MEGHANBoats moored at the Gladstone marina.Bundaberg and the Fraser Coast both enjoyed an increase in interest of more than 30 per cent in the past 12 months.Even Townsville, where high unemployment has weighed heavily on the housing market, has made a solid recovery — up nearly 11 per cent.GOLD MINE FOUND IN BRISBANE BACKYARDTownsville’s housing market is recovering. Picture: Megan MacKinnon.REA Group chief economist Nerida Conisbee said the end of the mining downturn and government investment in locations like Gladstone had helped boost regional housing markets.Ms Conisbee said government grants could have a significant effect on a regional location.“It allows more jobs to be created and that flows through to housing demand,” she said.The change in fortunes is a welcome reprieve for regional homeowners and investors who could only sit back and watch as their once valuable investments tumbled, in many cases, to less than a quarter of their sale price during the mining boom.More from newsParks and wildlife the new lust-haves post coronavirus17 hours agoNoosa’s best beachfront penthouse is about to hit the market17 hours agoDEMAND FOR HOUSES AND UNITS IN REGIONAL QLD IN PAST 12 MONTHSLGA Property views per listing (last 3 months) Year on year changeBUNDABERG 401 30.2%CAIRNS 825 6.5%DOUGLAS 470 19.3%FRASER COAST 673 33.8%GLADSTONE 434 39.1%GOLD COAST 1173 -9.1%GYMPIE 657 32.2%MACKAY 574 31.1%NOOSA 1795 24.2%ROCKHAMPTON 360 5.6%SUNSHINE COAST 1328 6.5%TOOWOOMBA 682 4.8%TOWNSVILLE 578 10.9%(Source: realestate.com.au)last_img read more