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
In the near future, the Cyprus property market is expected to continue on its dynamic path, however, it will not be a bed of roses, and strategic planning will be crucial to navigate changes and challenges ahead. In the next couple of years, we should expect to experience moderate growth as high interest rates stabilise … Read more
Live from Milwaukee on Tuesday, Fox Business Network’s “The Bottom Line With Dagen & Duffy” show discussed Donald Trump and JD Vance’s opposition to tax increases, in contrast with high-tax Joe Biden and Kamala Harris. ATR President Grover Norquist noted that Vance understands working households get stuck paying the burden of the corporate tax in … Read more
Having secured a landslide victory as expected in last week’s election, Labour’s Keir Starmer has a unique opportunity to reshape the UK’s financial landscape by positioning it as a global cryptocurrency hub, according to the CEO of a leading financial advisory and fintech. “To date, Starmer’s stance on crypto remains somewhat nebulous,” said Nigel Green … Read more
The recent surge in artificial intelligence advancements has started to transform the professional services industry, and corporate tax departments are no exception. GenAI) presents a game-changing opportunity to transform corporate tax operations by enhancing human capabilities and driving strategic decision-making. Insights from the 2024 Generative AI in Professional Services Report In the realm of professional … 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
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
Republicans in Congress are preparing to not just extend former president Donald Trump’s 2017 tax cuts if they win control of Washington in November’s elections, but also lower rates even more for corporations, laying the early groundwork for a ferocious debate over taxes and spending next year and beyond.The Tax Cuts and Jobs Act (TCJA) … Read more
The illegal construction of a church in the Natura 2000 Network in Cape Greco, despite the reaction of relevant government departments, shows that the violation of environmental legislation is deeply rooted in corruption.
Parents of children with haematological and oncological conditions are concerned about the construction works planned at Makareio Hospital. They argue that building near clinics treating immunocompromised patients can be extremely dangerous. The Cyprus Pediatric Society warns of the risks, specifically mentioning the potential increase in hospital fungal infections, such as aspergillosis. Despite opposition from parents and medical professionals, the Health Insurance Organisation (HIO) has suggested relocating the Pediatric Oncology Clinic temporarily to another part of the hospital, which is not seen as a suitable solution. The decision to upgrade Makareio Hospital instead of building a new, modern hospital has been made without consulting those directly involved, raising concerns about the safety and health of the children undergoing treatment. The focus should be on prioritizing the health and well-being of these vulnerable patients.