With the coronavirus pandemic forcing cancellation of this year's Eurovision Song Contest, actors Will Ferrell and Rachel McAdams hope fans can get their fix by watching their madcap Netflix comedy about a duo from Iceland who compete in the event.
Eurovision Song Contest: The Story of Fire Saga is a "zany, unexpected, musical extravaganza," McAdams told Reuters.
She and Ferrell play Sigrit Ericksdottir and Lars Erickssong, blond Scandinavian soulmates who bumble their way into being Iceland's contest entrants, and find unlikely ways to keep advancing.
The Eurovision Song Contest is one of the world's biggest annual television events, featuring colourful and often tongue-in-cheek and over-the-top performances. It was due to take place in Rotterdam in May after the Netherlands won the 2019 contest, but was canceled as the pandemic spread.
Pierce Brosnan said he only needed a quick look at the script to sign on for the role of Ferrell's father and harshest critic, Erick Erickssong.
"I read it one morning and said yes to it by lunchtime," Brosnan said, adding he "grew up with Eurovision living in London" and watched ABBA win in 1974.
Ferrell said Eurovision officials "totally got" his idea of a movie lampooning the contest.
"I said, 'You know, we're going to have some fun with it.' And they're like: 'Oh, you should.'"
Ferrell said real past Eurovision performances were a key inspiration and gave them the idea, for instance, for a scene in which Ferrell sings while running on a giant hamster wheel.
"Andrew (Steele), our writer said, let's just do the hamster wheel." They got an "amazing team of British prop guys constructing this massive hamster wheel out of steel that would later be lowered, you know, 100 feet out of the air that I'm running on."
Ferrell said he hopes the Netflix movie can "show our love and gratitude for this kind of amazing, amazing contest that... 46 countries compete in every year. And it means so much to the community."
The film released on Netflix globally on Friday, June 26.
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer