Chapter 8: Tax Fairness for Every Generation

Chapter 8: Tax Fairness for Every Generation

Canada is one of the wealthiest countries in the world. For generations, this has meant Canada is a place where everyone could secure a better future for themselves and their children. This is in no small part is due to our commitment to progressive taxation, investments in Canada’s strong social safety net, and an effective, … Read more

North seeks clarification on entry denials

North seeks clarification on entry denials

Turkish Cypriot authorities have requested information from Turkey regarding Cypriots being refused entry to the country. The issue was brought up at the highest level and explanations have been requested. Those on the N-82 list must apply in advance for pre-clearance to enter Turkey. 15 Cypriots have reported being informed that they are on the N-82 or G-82 list.

Cyprus Stock Exchange can become gateway to capital, CSE president says

Cyprus Stock Exchange can become gateway to capital, CSE president says

Fact: President of the Cyprus Stock Exchange (CSE) Marinos Christodoulides highlighted the introduction of European Medium-Term Notes (EMTNs) from the Republic of Cyprus into the CSE, adding over €11.5 billion in capitalization to the CSE bond market.

The European Parliament’s achievements through the eyes of the Cypriot MEPs

The European Parliament’s achievements through the eyes of the Cypriot MEPs

The European Parliament has been instrumental in enacting reforms to enhance the lives of people in Europe, including managing the COVID-19 pandemic by endorsing the Recovery and Resilience Mechanism and contributing to the NextGenerationEU financial plan. Key achievements also include advancements in Green and Digital Transitions, implementing measures for health, welfare, and daily experiences of EU citizens, and supporting young people through initiatives like the European Year of Skills.

Gaza aid could reach 1,500 tonnes a week

Gaza aid could reach 1,500 tonnes a week

Relief for aid-stricken Palestinians in the Gaza strip could reach about 1,500 tonnes a week once a U.S.-built jetty is operational, with international donors coming forward to finance the infrastructure, including a million donation from the United Arab Emirates to the Amaltheia Fund.

Police search for landlord after migrant death in Limassol

Police search for landlord after migrant death in Limassol

– Bangladeshi migrant worker fell to his death from a building in Limassol
– Rings continue to profit off cheap labor and illegal employment
– 11 Bangladeshi nationals were found living in a dangerous apartment in Limassol
– They were working in restaurants and fast-food spots
– One man died while attempting to escape through a window, another fell from a balcony
– Akel called for an investigation into whether the police complied with the law during the raid
– Police have transferred the case to headquarters in Nicosia and the migrants are being detained and processed.

Honey, I Shrunk The Tax Base: The Decline In Taxable Shareholders

Honey, I Shrunk The Tax Base: The Decline In Taxable Shareholders

The content discusses updated data from the Urban-Brookings Tax Policy Center showing a decreasing shareholder tax base and how it could affect tax policy. The percentage of taxable shareholders has dwindled over time, with implications for taxing dividends and capital income. Foreign investors, retirement accounts, and not-for-profit institutions are the largest groups of nontaxable shareholders. The article aims to address the issue of a shrinking tax base and provides transparency in methodology for readers to engage with the data. The implications of the decreasing shareholder tax base include the impact on corporate tax cuts benefiting foreign investors and the need to consider solutions like a withholding tax on corporate distributions to foreign investors.

180 reports before the anti-corruption authority

180 reports before the anti-corruption authority

Fact: Allegations against former President Nicos Anastasiades are being investigated by a team “above any suspicion” led by the anti-corruption authority head Charis Poyiadjis.

Finnwatch: Tax loopholes cost state €1bn a year

Finnwatch: Tax loopholes cost state €1bn a year

The text discusses how Finland could generate over one billion euros in additional tax revenue by closing tax loopholes, according to a report by Finnwatch.

The Island Private School: a holistic learning environment

The Island Private School: a holistic learning environment

The Island Private School in Cyprus offers a holistic learning environment for students of diverse cultural backgrounds. The school integrates best practices from the International Baccalaureate, Waldorf, and Montessori educational systems, focusing on academic excellence and developing 21st-century skills. The school’s mission is to inspire a passion for learning and prepare students as confident, responsible global citizens who value diversity. The school offers three educational tracks grounded in Environmental, Social, and Governance (ESG) principles, aiming for a sustainable and equitable future. The school has integrated ESG considerations into its curriculum through lessons on environmental sustainability, climate change, and conservation, as well as through various environmental initiatives and partnerships. The school engages with the local community, fosters inclusivity and diversity, and promotes social responsibility through various activities and events. The school plans to evolve its ESG initiatives by introducing composting bins, celebrating various faiths and cultures, and focusing on sustainability in its future campus. The school measures and reports on its progress towards ESG-related goals through key performance indicators, data collection, and stakeholder surveys. The school faces challenges in implementing eco-friendly practices due to financial constraints but is seeking funding opportunities through grants and partnerships. The school encourages student-led initiatives related to ESG and plans to use technology to further ESG education and initiatives. The school’s approach to ESG differentiates it from other educational institutions by integrating ESG into its organizational culture, decision-making processes, curriculum, and daily operations. The school envisions its role in the broader ESG landscape within the education sector in the next five to ten years by becoming an international education hub, supporting diverse educational tracks, expanding as a multicultural community, promoting ethical governance, strengthening environmental partnerships, contributing to rural development, developing a green campus, and promoting energy efficiency and renewable energy sources.