Finance minister Nirmala Sitharaman proposed reducing the tax rate for foreign companies to 35% from 40%, aiming to attract more overseas firms to set up a permanent base in the country and boost foreign inflows. “We want more investment to come into the country that is why it has been brought down,” Sitharaman told reporters … Read more
The threats fired against Cyprus this week by Hezbollah leader Hassan Nasrallah, as far-fetched as they may seem, should not be taken lightly. The Shia cleric and leader of the militant group commands considerable influence in almost everything that happens in Lebanon, from politics to the economy and national defence. Apart from securing vast amounts … Read more
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
Open this photo in gallery:A Canada Revenue Agency sign in Ottawa on March 1, 2021.Justin Tang/The Canadian Press Claude Lavoie is a contributing columnist for The Globe and Mail. He was director-general of economic studies and policy analysis at the Department of Finance from 2008 to 2023.A majority of people are tired with the Liberal … Read more
The text discusses the debate surrounding company tax cuts in Australia, with Industry Minister Ed Husic suggesting that corporate tax reform or investment allowances for manufacturing capital should be considered. However, the text highlights that recent data shows a rise in investment in Australia, particularly in data centres, infrastructure, and energy, driven by the services sector. This surge in investment contradicts the narrative that company tax cuts are necessary to encourage business investment.
The fact described in the text is that the education minister, Dr Athina Michaelidou, spoke about creating modern, anthropocentric schools during the opening of a primary school and kindergarten in Larnaca.
Novak Djokovic defeated Francisco Cerundolo in a five-set match to reach the quarter-finals of the French Open. Djokovic broke a tie with Roger Federer for the most match victories at Grand Slam events, reaching his 59th major quarter-final.
Novak Djokovic defeated Francisco Cerundolo in a five-set match to reach the quarter-finals of the French Open.
Donald Trump was found guilty on 35 charges of falsifying business records to conceal his relationship with Stormy Daniels. Despite the conviction, he can still run for president and avoid imprisonment due to his clean criminal record and age. Trump continues to campaign, portraying himself as a political prisoner and rallying his supporters. Moderate Republican voters may reconsider their support, but his loyal followers remain steadfast, even willing to resort to violence in his defense. Trump’s conviction is expected to strengthen his appeal to his base.
John Malkovich is a 70-year-old Hollywood star who describes himself as a plodder with a lot of interests.