Posidonia 2024 is set to mark the rebirth of the Greek shipbuilding industry, with over 85 shipyards from 26 countries confirmed to showcase their vessel design and production innovations from June 3-7.
The government is considering creating an online platform for children and parents to report bullies.
U.S. Sen. Bernie Sanders and Congresswoman Jan Schakowsky introduced a bill to close tax loopholes for corporations, end tax breaks for businesses that move jobs abroad, and stop companies from hiding profits in tax havens. The Corporate Tax Dodging Prevention Act could raise over trillion in revenue over a decade with the tax haven provision alone. President Joe Biden’s budget blueprint includes proposals to hike taxes for corporations and ultrarich individuals.
Fact: The bill introduced by Sen. Bernie Sanders would allow the federal government to collect an additional .3 trillion in tax revenue over the next decade.
– There are at least 20 illegalities at Ayia Napa’s environmentally protected Natura 2000 site.
– A wedding venue is operating on an environmentally protected site in the Ayia Napa area.
– Mistakes happened in the past, but this does not give anyone the right to continue illegalities.
– Not a single deterring measure has been implemented for the illegalities, beyond a €2,000 fine.
The text discusses the taxation of capital gains at the state level and the impact of inflation on capital gains taxes. It highlights that 32 states and the District of Columbia overtax capital gains income by subjecting them to the same rate schedule as ordinary income. Only eight states apply lower effective individual income tax rates to long-term gains than to ordinary income. The text also emphasizes the importance of considering all layers of taxes on investment income, including corporate income taxes, to avoid overtaxation.
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.
Fact: Attempts have taken place to harm Tamassos Bishop Isaias, and the bishopric announced that they have full confidence in the ecclesiastical mechanisms and the police.
Fact: Chief Scientist Demetris Skourides presented Cyprus’ “Cyprus 2035” long-term strategy to make the country one of the most desirable for living, working, and investing in, focusing on technology, research, and innovation.
Exiled Belarusian political opposition leader Sviatlana Tsikhanouskaya visited Cyprus and met with House president Annita Demetriou and the House foreign affairs committee. The European Union must play an active role in confronting dictatorial regimes, and the struggle for freedom and democracy in Belarus is also Cyprus’ struggle. Thousands of political prisoners have been taken hostage in Belarus, and Tsikhanouskaya thanked Cyprus for supporting Belarusians in their fight for democratic changes.