journalists

FACT Calls on Congress to Eliminate Wasteful Corporate Tax Break, Supreme Court Issues Landmark Tax Ruling: Just the FACTs 6/25/24

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FACT Calls on Congress to Eliminate Wasteful Corporate Tax Break, Supreme Court Issues Landmark Tax Ruling: Just the FACTs 6/25/24

“Just the FACTs” is a round-up of news stories and information regarding efforts to combat corrupt financial practices, including offshore tax haven abuses, corporate secrecy, and money laundering through the financial system. Send feedback or items for future newsletters to Thomas Georges at tgeorges@thefactcoalition.org Here is the State of Play FACT Calls on Congress to … Read more

South African parties hold crunch talks to decide who will govern

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South African parties hold crunch talks to decide who will govern

The African National Congress (ANC) was holding last-minute talks with other parties on Thursday to thrash out a deal to form South Africa’s next government, as its secretary-general said it aimed to work with as many parties as possible. The broad parameters of a deal need to be agreed in time for the first convening … Read more

How the IRS went soft on billionaires and corporate tax cheats – ICIJ

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How the IRS went soft on billionaires and corporate tax cheats - ICIJ

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

‘Brand-new’ 50-year-old cars decaying in buffer zone (Video)

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‘Brand-new’ 50-year-old cars decaying in buffer zone (Video)

Just 39 miles on the clock, trashed cars remain in limbo Eight-year-old Dickran Ouzounian treasured visiting his father Stefan’s garage, located a few metres from the bustling Ledra street, to admire the latest Toyota cars.He was fascinated by the brand-new, gleaming Corollas, Coronas, Crowns and Celicas. Now, 50 years later, as the CEO of the … Read more

Leaders and candidates stress importance of voting with elections underway

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Leaders and candidates stress importance of voting with elections underway

Voting started at 7am across Cyprus on Sunday, with 698,896 registered voters eligible for the election of six MEPs and local authority posts.Chief returning officer Elikkos Elia confirmed the timely opening of all 1,847 polling stations in the Republic, along with ten stations in Greece. Additional polling stations in Belgium and the UK opened later, … Read more

The fine print of Russia’s proposed tax hikes on personal income and corporate profits — Meduza

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The fine print of Russia’s proposed tax hikes on personal income and corporate profits — Meduza

Fact: Russia’s Finance Ministry has submitted legislation to reintroduce progressive taxes on personal income, with the progressive scale starting with annual incomes exceeding 2.4 million rubles (,100).

Muslim schools caught up in France, ’s fight against Islamism

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Sihame Denguir enrolled her teenage son and daughter in France’s largest Muslim private school, Averroes, in Lille, which lost government funding due to not complying with secular principles.

Google, ’s News Showcase launches in Cyprus

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Google, ’s News Showcase launches in Cyprus

Google has launched News Showcase in Cyprus, collaborating with publishers like Cyprus Mail, Dias Group, Digital Tree, MC Media, Phileleftheros Media Group, Politis, and SPP Media. The product allows publishers to create panels that engage readers and direct them to full articles on their websites. Google has signed News Showcase deals with over 2,700 publications globally and offers journalists training on fighting misinformation online.

‘, Light on the horizon for Vasiliko’

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‘, Light on the horizon for Vasiliko’

Energy Minister George Papanastasiou stated that there is progress in the construction of the liquefied natural gas (LNG) terminal in Vasiliko, with consultations ongoing between Cyprus’ natural gas infrastructure company and the Chinese state-owned company CPP Metron. The terminal is crucial for importing LNG to reduce electricity costs in the Republic of Cyprus. President Nikos Christodoulides denied discussions of a “velvet divorce” with CPP over the terminal, emphasizing that efforts are continuing.

Terrorism court case at critical point

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Terrorism court case at critical point

The complex terrorism case involving 41-year-old Orkhan Asadov, accused of recruiting and organizing criminal activities against Israelis in Nicosia, reached a critical point. The trial within a trial process concluded with final arguments from both sides, and the judicial panel reserved its decision for July 5. The defense attorneys argued that the Police accessed the defendants’ mobile phones unlawfully, while the prosecuting authority defended the legality of the procedures. The case began after Asadov’s arrest in September 2021, and he denies charges related to terrorism, conspiracy to commit murder, and money laundering.