OPINION ANALYSIS By Amy Howe on Jun 20, 2024 at 1:58 pm The court issued four opinions on Thursday. (Katie Barlow) The Supreme Court on Thursday upheld a provision of a 2017 corporate tax reform law, known as the mandatory repatriation tax, that taxes the undistributed profits from U.S. shares of foreign corporations in which … Read more
The OECD is developing ways to increase taxes on international businesses, cross-border investment and global levies on wealth and energy generation. Mathias Cormann, former finance minister of Australia, is the sixth secretary-general of the OECD, in office since June 2021, appointed by the member governments for a five-year term. On his watch, the organization continues its … Read more
June 6, 2024 Click for PDF Connelly v. United States, No. 23-146 – Decided June 6, 2024 Today, the Supreme Court unanimously held that the proceeds from a life insurance policy taken out by a corporation to redeem a decedent shareholder’s stock are a corporate asset for federal estate tax purposes. “An obligation to redeem shares … Read more
Hunter Biden’s sister-in-law testified at his criminal trial on Thursday that she took and threw away his gun out of fear of his spiraling addiction, potentially bolstering prosecutors’ case that President Joe Biden’s son broke a law barring illegal drug users from owning firearms.Jurors in the first criminal trial of a U.S. president’s son saw surveillance camera … Read more
The illegal construction of a church in the Natura 2000 Network in Cape Greco, despite the reaction of relevant government departments, shows that the violation of environmental legislation is deeply rooted in corruption.
Hunter Biden’s criminal trial on gun charges began with a government lawyer stating that he was being prosecuted for lying on a form to purchase a handgun and not above the law. Hunter Biden pleaded not guilty to three felony charges related to failing to disclose his drug use when purchasing a gun. The trial is taking place in Wilmington, Delaware, and Hunter Biden’s attorney argued that the gun was never used and was disposed of shortly after purchase. Hunter Biden has publicly discussed his drug addiction, and FBI agent Erika Jensen is expected to testify about his messages discussing drug use. If convicted on all charges, Hunter Biden faces up to 25 years in prison.
Fact: Cyprus is among the EU countries with the lowest performance in the time required to resolve civil cases.
Fourteen migrants have arrived in the buffer zone, bringing the total number of people stuck there to 27.
Thirteen migrants, including unaccompanied children, are now stranded in the buffer zone between Aglantzia and Geri, in addition to the 14 who have been living in tents for the past two weeks. The total number of migrants is now 27. Despite expressing their desire to apply for asylum, the migrants remain trapped in the buffer zone. The UNHCR is providing food, water, hygiene products, and clothing, but the asylum seekers are living in tents and exposed to extreme weather conditions. The Republic of Cyprus is working with relevant ministries and the UN peacekeeping force to address the needs of the migrants.
Turkish Cypriots have lost confidence in the UN and Unficyp and do not consent to their presence in northern Cyprus. The funding for Unficyp in Cyprus is paid for by Cyprus and Greece, raising concerns about the impartiality of the UN forces in Cyprus. The UN could have asked the UK, Greece, and Turkey to contribute to the funding to avoid a conflict of interest. Without confidence in the UN, any proposals from them will be rejected.