Local film producers, humiling ng moratorium sa 10% amusement tax na sinisingil ng mga LGU | Saksi - video Dailymotion

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00:00 To make the Filipino film industry stronger,

00:03 the local film producers are appealing to the Department of Interior and Local Government.

00:08 They want to have a moratorium on the collection of amusement tax

00:13 that is being denied by the local government.

00:15 The witness is Jun Veneracion.

00:17 Some of the local film producers have helped,

00:22 and the movie industry is still laughing,

00:24 Interior and Local Government Secretary Benjur Abalos.

00:27 This is to ask for help to solve the problems of the Filipino film industry,

00:33 just like the 10% amusement tax that is being imposed by the local government.

00:37 If there is a tax holiday like this,

00:41 maybe we can raise the budget of making films to make it better

00:46 because of course we also have to fight for the products of other countries.

00:50 Our dream is for us to be Korea, right?

00:52 But we can't do that without the support of government.

00:55 Filipinos first, they say. Let's put ourselves first.

00:59 If we don't love our industry,

01:03 maybe we'll be one of the ones to be left behind.

01:05 And what about the workers here?

01:07 A film producer laid the cost of their income in producing a film.

01:13 Even if a film earns P100 million in the box office,

01:18 it reduces the 10% amusement tax.

01:21 The remaining 90% will be divided by the producer and cinema operator.

01:26 From the 45% that will be left to the producer,

01:29 5% to 20% will be booked for distributors.

01:33 And there is also a 12% value-added tax.

01:36 Effectively, for every P100 million,

01:39 the producer gets approximately P35 to P37 million net.

01:45 Not all films reach P100 million.

01:48 For the year 2023, most films gross from the average of P2 million to P12 million only.

01:57 Secretary Abalos will talk to local chief executives.

02:02 I commit, I will talk personally with all of the mayors of Metro Manila.

02:07 Maybe we can just zero it.

02:10 Let's help for the next three years so they can get back on their feet.

02:14 That's what we ask from all local government units.

02:19 According to Abalos, the city of Mandaluyong under his father, Mayor Benjamin Abalos Sr.,

02:25 will support the three-year moratorium on amusement tax for local movies.

02:31 Abalos will also talk about piracy, a problem that movie producers are also facing.

02:36 In this aspect, the movie industry in PNP and other government agencies can expect 100% help.

02:44 Stop it. You can't help. You're pitiful to the industry.

02:49 According to GMA Films President and GMA Network SVP,

02:52 Attorney Annette Gosong Valdez,

02:54 the producers are alive from the success of the last Metro Manila Film Festival.

03:00 That's why they're doing their best to continue the local movie industry.

03:06 Films in the Philippines are part of our arts and culture.

03:10 We have to preserve it. We have to love it.

03:12 We will do everything to keep the industry of Filipino movies alive.

03:18 For GMA Integrated News, your June Veneration, Sak-C.

03:23 My fellow Filipinos, let's be Sak-C together.

03:27 Subscribe to GMA Integrated News on YouTube.

03:30 And for all of our fellow Filipinos abroad, join us on GMA Pinoy TV and www.gmainews.tv.

03:37 ( ♪ music )

03:42 ( ♪ music )

03:47 (upbeat music)

Local film producers, humiling ng moratorium sa 10% amusement tax na sinisingil ng mga LGU | Saksi

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