IIA: Hi-tech accounts for 24% of all tax in Israel, 36% of income tax

Around 24% of all tax payments in Israel were from companies and wages in the hi-tech sector in 2020 and hi-tech employees made around 36% of all income tax payments in 2021, said Israel’s Innovation Authority in a report released Tuesday. This highlights the centrality of this sector in Israel’s economy, the authority emphasized, saying … Read more

LI Business Owners Sentenced After Tax Evasion Scheme Busts: DA

LI Business Owners Sentenced After Tax Evasion Scheme Busts: DA

EAST ISLIP, — Two Long Island business owners were sentenced in late June after pleading guilty to grand larceny for stealing tax money from New York State, Suffolk County District Attorney Raymond A. Tierney said. Brian Soltan, 62, of West Islip, owner of several East Islip auto body businesses, and Gerald McCrystal, 51, of Dix … Read more

New debate rules helped Trump, treat big nonprofits like business and other commentary

New debate rules helped Trump, treat big nonprofits like business and other commentary

Debate beat: New Rules Helped Trump “Staged by CNN in an audience-free soundstage in which even competing reporters were banned, the Biden-Trump debate had more ground rules than an Ultimate Fighting match,” grumbles Politico’s Jack Shafer. In advance of the debate, “many assumed that these new rules would hurt Trump” given that “he feeds off live … Read more

Opinion: Canada has 99 problems but a high tax regime ain’t one

Opinion: Canada has 99 problems but a high tax regime ain’t one

Open this photo in gallery:A Canada Revenue Agency sign in Ottawa on March 1, 2021.Justin Tang/The Canadian Press Claude Lavoie is a contributing columnist for The Globe and Mail. He was director-general of economic studies and policy analysis at the Department of Finance from 2008 to 2023.A majority of people are tired with the Liberal … Read more

Biden’s team asks CEOs how to further boost the economy while Trump says business is on his side

Biden's team asks CEOs how to further boost the economy while Trump says business is on his side

WASHINGTON — On the campaign trail, President Joe Biden likes to take a hard thwack at corporate America.The Democrat tells voters that companies should pay more in taxes and he blames many businesses for fueling higher prices by stoking “greedflation” and “shrinkflation.”But for the past several months, top Biden administration officials have also stepped up … Read more

Bishop threatens Avakoum monks with police if they return

Bishop threatens Avakoum monks with police if they return

Tamassos Bishop Isaias threatened on Wednesday to send police to the infamous Osiou Avakoum monastery in Fterikoudes, if monks attempt to return there on June 6, when their suspension ends. The monks had been suspended by Isaias when the scandal broke in March, and since then it has been rumoured that the bishop would be … Read more

Limassol men beaten after honking at stopped car

Limassol men beaten after honking at stopped car

Limassol police are investigating an assault on four 29-year-old men in Germasogeia early on Sunday. The victims were leaving a nightclub when their car was allegedly attacked by the occupants of another vehicle after honking their horn. Three of the men required surgery for injuries sustained in the assault, with two sustaining fractures. The investigation is ongoing, with efforts being made to secure witness testimonies and review CCTV footage. The suspects are described as young men in their 30s with beards, speaking Greek, and driving a dark-colored Mazda vehicle.

Djokovic through after another French Open epic

Djokovic through after another French Open epic

Novak Djokovic defeated Francisco Cerundolo in a five-set match to reach the quarter-finals of the French Open. Djokovic broke a tie with Roger Federer for the most match victories at Grand Slam events, reaching his 59th major quarter-final.

Italy with two distinct choreographic works at Cyprus Contemporary Dance Festival

Italy with two distinct choreographic works at Cyprus Contemporary Dance Festival

The Cyprus Contemporary Dance Festival is back with seven unique performances at the Rialto Theatre and Nicosia Municipal Theatre. Italy’s performances include “AMAE” exploring co-dependency in relationships and “Save the Last Dance for Me” reviving the Polka Chinata dance tradition. Ticket prices are €8, with free admission for students, soldiers, pensioners, and professional dancers. Free transportation is available from Nicosia to Limassol for certain performances.