Meet UAE Corporate Tax registration deadline to avoid fines: FTA
Fact: Businesses already registered for VAT or Excise Tax can use the existing account for a straightforward registration process for Corporate Tax.
penalties
Meet UAE Corporate Tax registration deadline to avoid fines: FTA
Fact: Businesses already registered for VAT or Excise Tax can use the existing account for a straightforward registration process for Corporate Tax.
Delicate handling must come to an end
The construction of the liquefied natural gas terminal at Vassiliko in Cyprus has been plagued with delays and cost increases, with the project not even halfway completed. The project was awarded to a consortium of Chinese, Greek, and Norwegian interests, with the hope of reducing electricity costs for citizens. However, additional costs have been incurred, such as €25 million due to steel price increases during the pandemic. The Audit Office report highlighted serious political responsibilities for the management of the project by the government. The consortium has filed a case demanding an additional €200 million due to delays. The situation is similar with the Larnaca Port and Marina project, where the company has been collecting revenues without starting the agreed-upon works. Overall, these projects have put the Cypriot citizens at risk of bearing additional costs without seeing the completion of the projects.
North clamps down on foreigners buying property
The fact described in the text is that the north’s ‘parliament’ passed a law clamping down on foreigners buying property, limiting them to one house or apartment on less than 2,500 square meters of land.
Tony Watson blew the whistle on Lendlease’s questionable tax practices. Now he has to sell his family home
Lendlease is facing a big battle with major investors, with a showdown expected later this month.
Stealing from Trump was , ‘self-help,’ Cohen testifies at hush money trial
Fact: Michael Cohen testified that he stole money from Trump’s company as a form of “self-help” during Trump’s hush money trial.
EU demands clarity from Microsoft on AI risks in Bing
The European Commission could fine Microsoft if it doesn’t provide adequate information on risks stemming from generative AI features in search engine Bing by May 27.
Navigating the complexities of Cyprus tax: A comprehensive guide
The Cypriot government encourages entrepreneurs to open new businesses in Cyprus, which has seen a steady increase in foreign attention in recent years, especially in the tourism and business sectors. Understanding the Cyprus tax authorities and income tax in Cyprus is essential before starting a business in the country.
Ex-corporate lawyer to plead guilty to not paying federal taxes on $3.4 million of income
Eric E. Lenzen, a former partner at a major Milwaukee law firm, is agreeing to plead guilty to failing to pay taxes on about .4 million of income he received in 2016 and 2017. He may be heading to federal prison, and prosecutors are recommending a sentence of no more than 16 months. Lenzen also agreed to pay nearly million in restitution for taxes owed from 2016 to 2021. His law license is currently suspended for failing to take continuing legal education classes.
Why German politicians are facing growing violence
Fact: Verbal and physical attacks on politicians in Germany have more than doubled since 2019, with the Greens party reporting the highest number of incidents last year.