Belgian acquitted of drunk driving because his body creates alcohol
A Belgian man was acquitted of drunk driving on Monday because he suffers from auto-brewery syndrome (ABS), a rare condition whereby the body produces alcohol.
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Armenians march on genocide remembrance day
Fact: Dozens of people marched in Nicosia to commemorate Armenian Genocide Remembrance Day, also known as “Armenian Martyrs Day”, observed annually on April 24 to commemorate the victims of the Armenian genocide of 1915.
How Does the TCJA Sunset Affect Business Taxation Going Forward | JD Supra
– The Tax Cuts and Jobs Act (TCJA) has important segments scheduled to expire on December 31, 2025.
– The US corporate tax rate was reduced from 35% to 21% and is not scheduled to sunset.
– The Qualified Business Income (QBI) Deduction of 20% for passthrough entities is scheduled to end in 2025.
– Bonus depreciation deductions are scheduled to decrease over the years and eventually sunset.
– The TCJA repealed the Alternative Minimum Tax (AMT) for corporations.
– It is important to consult a tax attorney for domestic and international tax planning for corporate entities post-2025.
– The Corporate Transparency Act requires small corporate entities to disclose ownership interests.
– Congressional decisions on QBI deductions and AMT may be impacted by reporting requirements under the Corporate Transparency Act.
Tennessee lawmakers still at odds over business tax cut as session enters final days • Tennessee Lookout
House and Senate lawmakers are still in disagreement over Tennessee Gov. Bill Lee’s .9 billion business tax cut proposal. The sticking points include how many years of refunds to give and a requirement in the House version for the revenue department to disclose the names and amounts of refunds companies receive. Both versions would eliminate the property portion of the state’s franchise tax, resulting in 0 million in annual lost revenue for the state. The Senate passed a version similar to Lee’s proposal, offering three years of refunds without requiring disclosure of recipients. The House version offers 1-2 years of refunds and includes the disclosure requirement. The conference committee is working to resolve the differences between the two versions.
What, ’s a sheconomy?
– Women are reshaping pop culture and redefining economic power
– The rise of Sheconomy is powered by women becoming more financially independent
– Women control 70 to 80 percent of purchasing decisions in the United States
– Women’s consumer behavior is becoming more autonomous
– Women’s success across various sectors is contributing to economic growth
– Diversity in leadership enriches corporate culture and boosts economic performance
– Advocacy for structures supporting women’s advancement in the workplace is important
– Financial opportunities and policies supporting work-life balance are crucial for women’s economic empowerment
Racist violence surges in Greece, report finds
Attacks against migrants, refugees, and LGBT people in Greece surged to their highest level in nearly a decade last year, with 158 attacks recorded in 2023.
Helikon Investments increases stake in Bank of Cyprus
Helikon Investments Limited has raised its stake in the Bank of Cyprus from 2.04% to 4.04% of the share capital.
European Commission rebukes Cyprus over money laundering
Fact: The EU Commission sent a reasoned opinion to Cyprus for failing to correctly incorporate EU legislation covering money laundering and financial interests.
First Cypriot born on EU accession day 2004 joins anniversary celebrations
Cyprus was honored at a ceremony celebrating 20 years since acceding to the European Union. Kyriacos Yiallourides, the first Cypriot born on May 1, 2004, asked about Cypriots’ expectations during the road to accession. George Iacovou mentioned that Cypriots hoped for security and stability and that the younger generations were excited about opportunities to study, work, and live abroad. The EU is characterized by breaking down borders and former enemies becoming friends. Yiallourides hopes more countries continue to join the EU to promote peace in Europe. EU Parliament president Roberta Metsola discussed the benefits of being part of the EU and embracing differences while ensuring equality of opportunity.
20 years since the Annan plan referendum
– A referendum was held on April 24, 2004, to reunite Cyprus under the Annan plan.
– 65% of Turkish Cypriots voted in favor, while 76% of Greek Cypriots voted against the plan.
– The plan was never implemented, and Cyprus remains divided.
– The Greek Cypriot electorate rejected the specific solution offered in the plan.
– The current status quo encourages the Greek Cypriot side’s uncompromising attitude.