Abstract This paper offers a comprehensive analysis of Spain’s corporate tax system through the lens of the Laffer curve and Buoyancy index, assessing its efficiency in generating revenue. The study finds that Spain is nearing the Laffer curve’s optimal tax rate, beyond which tax revenue may decrease with rate hikes. The Buoyancy index reveals a … Read more
Generative Artificial Intelligence (GenAI) is beginning to manifest itself in corporate tax, presenting both advantages and concerns. As a transformative technology capable of generating human-like text, code, and other creative content, GenAI is posed to reshape the tax landscape. Understanding the shift in GenAI adoption The desire to use GenAI in corporate tax has seen … Read more
Cyprus remains a prime destination for investors eyeing lucrative deals in the real estate sector, as the island offers a variety of investment opportunities for both local and foreign investors, according to a leading real estate company. The biggest opportunity at the moment is on the south east coast, in Larnaca, as the government moves … Read more
Major events that occurred on June 4 include the first successful hot-air balloon flight by the Montgolfier brothers in 1783, the presentation of the first Pulitzer Prizes in the US in 1917, the passing of the 19th Amendment guaranteeing women’s suffrage in 1919, the capture of the German U-boat U-505 during WWII in 1942, the introduction of the modern shopping cart in Oklahoma City in 1970, the release of Bruce Springsteen’s album “Born in the U.S.A.” in 1984, the suppression of the Tiananmen Square protests in China in 1989, and the successful maiden voyage of the SpaceX Falcon 9 rocket in 2010.
Deputy Culture Minister Vasiliki Kassianidou emphasized the ministry’s commitment to supporting all forms of art and professionals in their fields during the presentation of the book ‘Aspelia Naturalis’ by Silvio Augusto Rusmigo. The event took place at the Cyprus Museum in Nicosia.
The Cyprus government has scrapped a €1.2 billion concession for the development of the Larnaca marina and port, leading to questions about the financial viability of public contracts and the administration’s cash flow.
A 2010 study in the US found that an annual income of ,000 could lead to happiness by covering basic needs and allowing for enjoyable activities. However, new calculations suggest the threshold for happiness is now 0,000 due to rising costs of living. While money doesn’t guarantee happiness, it does provide comfort and security. Despite this, recent crises have shown the vulnerability of relying solely on income for happiness, leading younger generations to seek fulfillment in experiences that often come with a price tag.
The Follow the Music project in Larnaca involves secret concerts in different locations, with the exact spot only revealed to registered participants two hours before the event. This Friday, a concert featuring music group Nabuma and DJ El Pablo Rojo will take place in Lefkara village, offering a mix of electronic music and alternative soul R&B.
Donald Trump allegedly offered Big Oil executives 0 billion in tax breaks if they donated billion to his campaign. Congressional Democrats are investigating this potential quid pro quo deal. Joe Biden plans to eliminate these tax breaks for the oil and gas industry if elected. The fossil fuel industry is lobbying to maintain these tax breaks, which are set to expire next year. Some attendees at Trump’s fundraising dinner at Mar-a-Lago included executives of smaller oil companies focused on fracking and gas exporting. The event was also attended by individuals with controversial backgrounds in the oil and gas industry.
The Contemporary Dance Festival in Cyprus will feature seven performances in Limassol and two in Nicosia from May 31 to June 23. The festival collaborates with the Cyprus New Movement of Dance to host a workshop on physical theatre exploration led by choreographers Eliana and Borna on June 17.