A recent report by the Thomson Reuters Institute illustrates how corporate tax departments are preparing to mitigate the obstacles brought by Brazil’s recent tax reform plan and ensure a seamless transition for their organizations The tax system in Brazil has been complex and challenging for businesses and individuals alike. So, to address this issue, the … Read more
Biden administration officials said after evaluating the practice that there are no economic grounds for these transactions, with Deputy Treasury Secretary Wally Adeyemo calling it “really just a shell game.” The officials said the additional IRS funding provided through the 2022 Inflation Reduction Act had enabled increased oversight and greater awareness of the practice. “These tax shelters … Read more
KARACHI: Approximately 210 multinational companies (MNCs) in Pakistan operating in sectors like tobacco, oil, auto, pharmaceuticals, banking and others contribute a third of the total tax collection and make a major contribution to the national exchequer. They also reinvest in their respective units or inject capital into some new ones. Moreover, they make investments of … Read more
By Charles EllinasJune 3 was World Bicycle Day, but in Cyprus, it went completely unnoticed. And for a good reason. Cypriots mostly use cars to go anywhere, even to shops down the road. In 2018, the United Nations General Assembly declared June 3 as World Bicycle Day to spread awareness about the benefits of cycling, … Read more
The European Union prioritizes gender equality, with the principle of equal pay for men and women established in 1957. Despite progress, inequalities persist, such as the 13% gender pay gap in 2021. Women are underrepresented in decision-making roles, particularly in the European Parliament. Violence against women is a serious issue, with one in three women experiencing physical or sexual violence. The EU has taken steps to address gender disparities, including mandatory data disclosure to reveal pay gaps and rules against violence, such as cyber violence and female genital mutilation. The EU has ratified the Istanbul Convention to protect women from all forms of violence.
The Police announced an awareness week and stricter checks on distracted driving, particularly the use of mobile phones while driving, to reduce serious and fatal injuries in road traffic collisions and raise awareness among drivers. Nationwide traffic checks will take place from June 2 to June 9, 2024. Driver distraction is a significant factor in road accidents, limiting reaction time in emergencies. Studies show that using a mobile phone while driving reduces maintaining correct position, speed, reaction time, judgment, and overall perception of traffic movement. Driver distraction was the primary cause of fatal and serious road traffic collisions from 2021 to 2023. Zero tolerance will be enforced for traffic violations that contribute to fatal and serious accidents.
The “All eyes on Rafah” campaign is gaining traction in Western Europe, Australia, and India, aiming to raise awareness about the conflict in Gaza, which has resulted in the deaths of at least 36,171 Palestinians. Israeli forces have intensified their assault on Rafah, prompting global attention and support for the residents seeking refuge from the violence. Social media, including platforms like TikTok and Instagram, has seen a massive outpouring of support with millions of users sharing the hashtag #AllEyesOnRafah. The campaign has coincided with international condemnation of Israel following airstrikes that resulted in civilian casualties. Israeli military operations in Rafah have continued despite the heightened scrutiny and criticism.
The fact described in the text is that the percentage of children at or below the poverty line in Cyprus reached 18.1 per cent in 2022, equivalent to approximately 31,000 children, according to Eurostat data.
A campaign has been launched to raise awareness about viral hepatitis and HIV in Cyprus, coinciding with ‘World Hepatitis Day’. The Health Minister emphasized the importance of equal access to quality health services for the diagnosis and treatment of these diseases. Viral hepatitis is the second leading infectious cause of death worldwide, with deaths increasing to 1.3 million globally in 2022. The World Health Organization aims for comprehensive screening for viral hepatitis by 2030. An initiative called ‘KYFA Checkpoint’ was presented at the press conference, offering free tests for interested individuals.
Cypriot students rank among the highest in Europe in e-cigarette and hookah use.