compensation

Actor Hugh Grant settles privacy lawsuit against Murdoch’s Sun tabloid

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Actor Hugh Grant settles privacy lawsuit against Murdoch’s Sun tabloid

British actor Hugh Grant settled a lawsuit against the publisher of The Sun over claims of phone tapping and burglary. Grant, known for films like “Love Actually” and “Notting Hill,” has been a vocal advocate for press reform. The settlement raises questions about the publisher’s long-held position of denying wrongdoing. Grant did not want to settle but feared the high legal costs if he lost at trial. The settlement may prevent a trial over unlawful information-gathering, but Prince Harry’s lawsuit against the publisher continues.

Guest Op-Ed: California Needs Higher Taxes on Corporations and the Wealthy – Beyond Chron

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Guest Op-Ed: California Needs Higher Taxes on Corporations and the Wealthy - Beyond Chron

President Biden proposed to reverse the 2017 Trump tax cuts for the wealthiest Americans by raising the corporate tax rate, denying tax breaks for corporations whose CEOs earn more than million in annual compensation, and requiring billionaires to pay at least 25 percent of their income in taxes.

Multiplicity of taxes heavily burdening industrial sector

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Multiplicity of taxes heavily burdening industrial sector

Fact: Nineteen to twenty different federal and provincial taxes are currently levied on industrial sector/manufacturing units in Pakistan, increasing their cost of doing business.

Court dismisses lawsuits over 2013 Laiki Bank haircut

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Court dismisses lawsuits over 2013 Laiki Bank haircut

Limassol district court dismissed four consolidated lawsuits against the now-defunct Laiki Bank of Cyprus, the Central Bank of Cyprus, and the Republic of Cyprus concerning the 2013 haircut. The court ruled that the defendants were not aware of the consequences of their actions at the time, and the restructuring measures did not leave depositors in a worse situation than if the bank had undergone liquidation. The court also found that the allegations of constitutional and human rights violations lacked substantiation.

Limassol Court dismisses depositor claims over 2013 haircut

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Limassol Court dismisses depositor claims over 2013 haircut

The Limassol District Court dismissed lawsuits filed by depositors against Cyprus Popular Bank, the Central Bank of Cyprus, and the Republic of Cyprus regarding the 2013 haircut. The Court ruled that the defendants did not act negligently or breach any duty, and the resolution measures did not put depositors in a worse position than a bank liquidation scenario. The claims of constitutionality and human rights violations were deemed non-essential and unsubstantiated.

Russia and Kazakhstan battle record floods as rivers rise further

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Russia and Kazakhstan battle record floods as rivers rise further

Fact: The Russian city of Orenburg battled rising water levels after major rivers across Russia and Kazakhstan burst their banks in the worst flooding seen in the areas in nearly a century.

Opposition blasts agriculture minister over farmers, ’ compensation

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Opposition blasts agriculture minister over farmers, ’ compensation

Opposition MPs criticized Agriculture Minister Maria Panayiotou for refusing to compensate farmers who used waste material other than compost as fertilizer. The minister cited a legal opinion from the attorney-general stating that compensation is only awarded to farmers who used compost with specific specifications. The MPs argued that the farmers were being “victimized” for purchasing off-specification compost from a company listed as an approved seller on the ministry website. The minister refused to break the law and insisted on following legal procedures.

Close to Home: California needs higher taxes on wealth

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Close to Home: California needs higher taxes on wealth

President Joe Biden proposed to reverse the 2017 Trump tax cuts for the wealthiest Americans by raising the corporate tax rate, denying tax breaks for corporations whose CEOs earn more than million in annual compensation, and requiring billionaires to pay at least 25% of their income in taxes.

High Tax Rates Caused Too Much Culture

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High Tax Rates Caused Too Much Culture

Corporate art purchases were common from the 1950s through the 1970s, with corporations supporting symphonies, operas, and dance companies as a mark of corporate citizenship. These expenses were tax-deductible, with the government covering half the cost. Employees preferred compensation in-kind, such as office spaces with avant-garde design or tickets to cultural events, as they faced high marginal tax rates. However, after the 1980s, as tax rates decreased, employees preferred cash over cultural benefits, leading to a decline in corporate support for culture. The shift from a culture-focused corporate environment to a more utilitarian one was influenced by changes in tax rates.

Trump subpoena to NBC over Stormy Daniels documentary blocked by judge

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Trump subpoena to NBC over Stormy Daniels documentary blocked by judge

Fact: Donald Trump’s subpoena to Comcast-owned NBCUniversal for material related to a documentary about porn star Stormy Daniels was blocked by the judge overseeing his April 15 criminal trial.