Israeli property developer to remain in custody

Israeli property developer to remain in custody

Israeli Simon Mistriel Aykut, the director of Afik Group, a property developer in the north, will remain in custody for an additional six days, as decided by the Nicosia District Court on Thursday.Aykut, 73, who holds both Israeli and Portuguese passports, faces charges related to a €1 billion development project in Trikomo on Greek Cypriot … Read more

Woman arrested at airport for drug smuggling

Woman arrested at airport for drug smuggling

A 31-year-old woman was arrested at Larnaca airport with 5,879 pills and nine packets of white powder – believed to be controlled substances – in her luggage.According to the police, the woman’s luggage was opened at around 7.45pm on Wednesday during routine checks to prevent drug trafficking. The woman was arrested and will be taken … Read more

Families of Cypriot earthquake dead travel to Turkey for next phase of trial

Families of Cypriot earthquake dead travel to Turkey for next phase of trial

The families of the 24 Cypriot children who were killed when the Isias hotel in the Turkish city of Adiyaman collapsed travelled to Turkey on Tuesday ahead of the resumption of the trial of those held responsible on Wednesday.The 24 children, alongside 11 Cypriot adults and 47 others, were all killed when the hote, collapsed … Read more

Opinion | Freedom’s Just Another Word for Not Paying Taxes

Opinion | Freedom’s Just Another Word for Not Paying Taxes

After Donald Trump was convicted on 34 felony counts, the Heritage Foundation — a right-wing think tank that has, among other things, produced the Project 2025 agenda, a blueprint for policy if Trump wins — flew an upside-down American flag, which has become an emblem for support of MAGA in general and election denial in … Read more

Aircraft carrying Malawi vice president and nine others goes missing

Aircraft carrying Malawi vice president and nine others goes missing

An aircraft carrying Malawi’s vice president, Saulos Klaus Chilima, and nine others has gone missing, the southern African nation’s presidency said on Monday.Chilima, 51, was aboard a military aircraft that left Lilongwe, the capital, at 09:17 a.m. (0717 GMT), Malawi’s Office of the President and Cabinet said. It said search and rescue operations were ongoing. “All efforts by aviation authorities to make contact with the … Read more

Supreme Court Holds That A Corporation’s Life Insurance Proceeds Used To Redeem A Decedent’s Shares Must Be Included In Federal Estate Tax Calculation

Supreme Court Holds That A Corporation’s Life Insurance Proceeds Used To Redeem A Decedent’s Shares Must Be Included In Federal Estate Tax Calculation

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

Tales from the Coffeeshop: Heatwave produced a whole lot of media hot air

Tales from the Coffeeshop: Heatwave produced a whole lot of media hot air

THE BIGGEST news story over last few days has been that it was very hot. As if anyone in Kyproulla had not felt the scorching heat and had to be informed about it by continuous reports and updates from the media.OK, it was the highest ever temperature recorded in early June, but what more is … Read more

Hunter Biden, ’s sister-in-law describes finding crack, gun in his truck

Hunter Biden, ’s sister-in-law describes finding crack, gun in his truck

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

Pressing Political Hot Spots for Boards

Pressing Political Hot Spots for Boards

Tax Policy The differences in proposed tax policy between the presumptive presidential candidates, at this point, in the two main parties — President Joe Biden and former President Donald Trump — are vast, according to Garrett Watson, senior policy analyst with Tax Foundation, a nonpartisan tax policy think tank. “The differences between what (the candidates) … Read more

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

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