JetBlue Airways is suing the Florida Department of Revenue over $631,000 in corporate taxes, arguing the state unlawfully extends its geographical boundaries, resulting in unconstitutional double taxation. JetBlue Airways initiated legal action against the Florida Department of Revenue on July 19, challenging an assessment of additional corporate income taxes for the years 2019 to 2021. … Read more
A lot of investment has been undertaken for touristic development ranging from hotels to quality places of entertainment and even more important addressing the upgrading of staff, food and service. Previous years with the tourist arrivals have been increasing by approximately 8% p.a. and this, coupled with the planning relaxation given by the then Government, … 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
Real Estate I ‘escaped’ Texas for Tennessee. I loved the food and tech scene, but got tired of the heat and rising property taxes. Alcynna Lloyd 2024-06-03T19:57:55Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter … Read more
An upcoming week-long Burger Week event at Moondog’s Bar & Grill in Nicosia will feature a specially designed menu with 40 different burgers and sauces. One lucky winner will have the opportunity to fly to Warsaw to see Metallica live in concert. The draw for the competition will take place on June 9, with every burger ordered counting as one entry. The prize includes return flights for two, 4-star hotel accommodation, and two tickets to the concert on July 7.
Royal Jordanian Airlines will operate eight flights per week from Paphos airport to Jordan during the summer season.
A total of 50 British politicians have penned a letter to the UK Foreign Secretary urging him to allow direct flights between the United Kingdom and the north of Cyprus. The letter highlights that Ercan (Tymbou) airport abides by international aviation security standards and that the north is not a risk with no history of poor safety.
An international conference on artificial intelligence (AI) and cybersecurity in civil and military aviation will be held next Thursday. The conference is expected to have over 90 attendees and will feature speakers from international and European organizations, as well as the USA, Asia, and the Middle East. AI and cybersecurity are crucial in the aviation sector, with 42 million flights worldwide carrying 4.5 billion passengers each year. The event will focus on highlighting the benefits and challenges of AI and suggest partnerships between relevant international organizations and states.
Ersin Tatar, the representative of occupying Turkey, is seeking “equal international status” with a European stamp for the breakaway regime in Cyprus. He wants meetings and visits abroad to be at the same level as those of President Christodoulides, aiming for full equality with the Republic of Cyprus. Despite efforts mainly in Brussels, Tatar has not been successful in getting the desired level of recognition. However, the Turkish side is finding more support in Turkish-speaking countries like Azerbaijan. The policy of recognizing two states in Cyprus is causing tension, with Ankara potentially resorting to blackmail if faced with an impasse. Turkey is not expected to make any moves before July and will likely wait until after the completion of the UN Special envoy’s mission.
British Prime Minister Rishi Sunak has called for a national election on July 4, where voters will choose between stability with him or the unknown with Labour leader Keir Starmer. Sunak, who is behind in the polls, is taking a risk by calling the election earlier than expected. Both parties have begun campaigning, with Sunak accusing Labour of planning to increase taxes if in power, while Labour criticizes the government for economic mismanagement. If Labour wins, Britain will have had six prime ministers in eight years for the first time since the 1830s. Starmer has pledged to “rebuild Britain” if Labour forms the next government. Sunak hopes to capitalize on uncertainty and economic gains to boost his party’s fortunes in the election.