investigation

IMF Pitches ‘Strengthening Corporate Taxes’ And ‘Supplemental’ Taxes To Fight Against Impact Of AI On Jobs And Inequality

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IMF Pitches 'Strengthening Corporate Taxes' And 'Supplemental' Taxes To Fight Against Impact Of AI On Jobs And Inequality

Loading…Loading…The International Monetary Fund (IMF) has raised a red flag on the potential of artificial intelligence (AI) to exacerbate inequality, urging governments to take measures to protect their economies.What Happened: The IMF expressed “profound concerns” about the possibility of significant labor disruptions and increased inequality as societies transition to generative AI, according to a report … Read more

Two former officials under investigation over Akamas roadworks

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Two former officials under investigation over Akamas roadworks

Possible disciplinary offences by state officials have been recorded in the investigation into illegal intervention in the Akamas, Agriculture Minister Maria Panayiotou said on Wednesday.An investigative officer is expected to be appointed to examine the potential offences. Speaking after the cabinet meeting at the presidential palace, Panayiotou told the press she briefed the ministers on … Read more

How the IRS went soft on billionaires and corporate tax cheats – ICIJ

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How the IRS went soft on billionaires and corporate tax cheats - ICIJ

Michael Welu worked at the IRS for decades as a specialist in helping agents identify and investigate possible tax crimes. In an agency known for offices working in their own silos, Welu had the rare ability to move between divisions, dissecting and learning each office’s particular customs and procedures. But that experience had its own … Read more

Fire broke out in Limassol – car found burnt in ravine

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Fire broke out in Limassol – car found burnt in ravine

Firefighting forces were mobilised around 10 p.m. on Monday (10/06) after a fire broke out in Koilani, Limassol. According to the Police, approximately 4 acres of wild vegetation were burnt, and during the fire suppression efforts, a burnt-out car was found in a ravine. The causes of the fire are under investigation..

Syrian refugees left in dark as Asylum Service stalls applications

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Syrian refugees left in dark as Asylum Service stalls applications

The Commissioner for Administration, Maria Stylianou-Lottides, has ignited a firestorm within the Asylum Service after a scathing report revealed significant delays in processing international protection applications from Syrian refugees. The report, prompted by a surge of complaints from frustrated applicants, exposes a bureaucratic nightmare with some Syrians waiting two to five years for a decision … Read more

Eastchester accountants plead guilty in scheme that helped corporate clients avoid taxes

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Eastchester accountants plead guilty in scheme that helped corporate clients avoid taxes

GannettJonathan Bandler, Rockland/Westchester Journal NewsJune 5, 2024 at 8:47 PMTwo Eastchester accountants have admitted their roles in a tax fraud scheme that allowed corporate clients to avoid tax liabilty by sending company checks to the accountants and getting cash in return that they never reported.Jack Sardis, 66, of Englewood Cliffs, New Jersey, pleaded guilty Wednesday … Read more

Jho Low, ’s Cypriot passport revoked

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Jho Low, ’s Cypriot passport revoked

Cabinet on Wednesday decided to revoke the Cypriot citizenship of Malaysian-born Jho Low, an internationally wanted fugitive.Though the decision was taken last year, Low filed an appeal prompting an independent committee to re-examine the case. Government sources told the Cyprus Mail the committee decided to reject the appeal, prompting the interior minister to put the … Read more

Police arrest 74 yr old suspect for Farmakas blaze

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Police arrest 74 yr old suspect for Farmakas blaze

A 74-year-old man was arrested by police on suspicion of causing a fire in Farmakas that burned 15 hectares of trees and dry brush, requiring the intervention of four helicopters, a plane, and 21 fire trucks to extinguish.

Limassol men beaten after honking at stopped car

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Limassol men beaten after honking at stopped car

Limassol police are investigating an assault on four 29-year-old men in Germasogeia early on Sunday. The victims were leaving a nightclub when their car was allegedly attacked by the occupants of another vehicle after honking their horn. Three of the men required surgery for injuries sustained in the assault, with two sustaining fractures. The investigation is ongoing, with efforts being made to secure witness testimonies and review CCTV footage. The suspects are described as young men in their 30s with beards, speaking Greek, and driving a dark-colored Mazda vehicle.