Companies Undertake More Aggressive Tax Positions When IRS Budget is Cut

Companies Undertake More Aggressive Tax Positions When IRS Budget is Cut

A new academic study found that companies increase their tax risk profile—thus more tax aggression and a higher likelihood of tax fraud—when they believe IRS scrutiny will be lower due to budget cuts. For the study, which appears in the American Accounting Association’s Journal of Forensic Accounting Research, researchers looked at data from 10,992 companies … Read more

Court binds Oroklini weapons cache suspects to trial, seeks motive

Court binds Oroklini weapons cache suspects to trial, seeks motive

Two men, aged 46 and 35, were remanded in custody and committed for trial on July 1 in connection with a large weapons cache found in an Oroklini cemetery. The defendants face serious charges related to possessing explosives and firearms without a license. The cache, believed to be linked to underworld figures, included an array of weapons such as missiles, explosives, and a silenced pistol. Police are awaiting forensic results to determine if the weapons were used in past crimes and to identify potential accomplices through fingerprints or DNA evidence. Bail was rejected for both suspects, who will await trial in Central Prisons.

He reported that he was attacked in his home – He ended up in handcuffs

He reported that he was attacked in his home – He ended up in handcuffs

Assault cases are being investigated by the Kokkinotrimithia Police Station. A 43-year-old man reported being attacked by a 27-year-old man and a 23-year-old woman who illegally entered his residence and used a knife. The suspects were injured and taken to the hospital, along with the victim. The 43-year-old man was arrested on a court warrant to investigate the complaints of the suspects, while police are also investigating his complaint of assault.

‘When I saw Thanasis’ body, my life stopped’

‘When I saw Thanasis’ body, my life stopped’

– After 19 years, a court has ruled that Thanasis Nicolaou was murdered, not that he committed suicide.

Mother of murdered soldier demands justice in protest

Mother of murdered soldier demands justice in protest

– Thanasis Nicolaou’s mother, Andriana, called for justice over her son’s murder while in the National Guard in 2005.
– After 19 years of efforts by the family, the cause of Thanasis’s death was proven, leading to a new investigation being launched by the present government.
– Andriana Nicolaou asked for the constitution to be immediately amended to separate the powers of the attorney-general and appoint an independent person in charge of criminal proceedings.
– She also called for Thanasis’s case to be kept away from all previous parties involved and for continuous, detailed, and accurate information on the progress of the new investigation.

Thanasis case: AG says Legal Service did nothing wrong; Andriana hits back (Updated)

Thanasis case: AG says Legal Service did nothing wrong; Andriana hits back (Updated)

Fact: The Legal Service has been criticized for its handling of the case of Thanasis Nicolaou, with his family and the judge questioning their actions.

Weapons found in Oroklini grave not part of National Guard inventory

Weapons found in Oroklini grave not part of National Guard inventory

The G3 rifle seized from a criminal group in Oroklini is not part of the National Guard’s inventory, indicating it may have originated from the Turkish military. The specific features of the rifle match those used by the Turkish military, as the German manufacturer Heckler & Koch licensed G3 rifle production to Turkey. Police arrested two men and seized a large cache of weapons, explosives, and ammunition, leading authorities to believe the group may have been planning criminal acts. Both suspects are in police custody, and all recovered items will undergo forensic examination.

Remands after , ‘largest ever’ weapons cache found (updated)

Remands after , ‘largest ever’ weapons cache found (updated)

Two men, aged 46 and 35, were remanded in custody after the largest cache of weapons and explosives ever found in Cyprus was discovered in an Oroklini cemetery. The weapons included a rocket launcher, improvised explosive devices, and firearms. Police are investigating the origin and intended purposes of the arms, and have ruled out a terrorist attack. The 46-year-old man was seen taking a bag containing weapons from a grave, while the 35-year-old was also seen removing items from the same grave. The investigation includes examining CCTV footage, monitoring National Guard camps, and further examining the explosives found.

Police say they prevented multiple attacks after discovery of weapons cache in Larnaca grave

Police say they prevented multiple attacks after discovery of weapons cache in Larnaca grave

Cypriot police arrested two men in Oroklini and seized a cache of weapons, including a G3 military rifle, explosives, and ammunition buried in a grave. The G3 rifle, possibly of Turkish origin, raised suspicions about the suspects’ intentions. The suspects were apprehended while transporting some of the arsenal, which included an RPG launcher, various explosives, pistols, a hunting rifle, bullet propellants, and ammunition. Authorities believe the group may have been planning criminal acts based on the weapons seized. Both suspects are in police custody, and forensic examinations will determine if the items have been used in any crimes.

Truth must shine over Thanasis Nicolaou, ’s death, Christodoulides says

Truth must shine over Thanasis Nicolaou, ’s death, Christodoulides says

Fact: President Nikos Christodoulides stressed that the newly appointed investigators must begin work immediately to uncover the truth about the death of Thanasis Nicolaou, who was found dead under Alassa bridge in September 2005.