4 Impacts a Harris Presidency Could Have on Large Corporations and Their Taxes

4 Impacts a Harris Presidency Could Have on Large Corporations and Their Taxes

Michael Brochstein/ZUMA Press Wire / SplashNews.com / Michael Brochstein/ZUMA Press Wire / SplashNews.com Because of her late start in the 2024 presidential campaign, vice president and presumptive Democratic nominee Kamala Harris has not had much time to roll out an economic platform. She was expected to do so this week, though what she unveils might … Read more

Shapiro backs ‘aggressive’ corporate tax cuts in Pennsylvania as Harris campaign vets him for VP

Shapiro backs 'aggressive' corporate tax cuts in Pennsylvania as Harris campaign vets him for VP

Pennsylvania Gov. Josh Shapiro speaks during a campaign rally for Vice President Kamala Harris in Ambler, Pennsylvania, on July 29, 2024.Hannah Beier | Getty ImagesPennsylvania Gov. Josh Shapiro defended his support for “aggressive” corporate tax cuts, a position that could rankle some of his fellow Democrats but which has won him support from the state’s … Read more

PwC seeks extension of 15% corporate tax for new units

PwC seeks extension of 15% corporate tax for new units

PwC India has recommended the government extend the concessional corporate tax rate of 15% (ended in FY24) for new manufacturing units for a period of at least five years, to boost domestic manufacturing, and foster import substitution. This is a key ask of industry which the Centre should consider for the full Budget, PwC partners … Read more

Teva Pays $750M to Resolve Israeli Tax Issues Going Back More Than a Decade | BioSpace

Teva Pays $750M to Resolve Israeli Tax Issues Going Back More Than a Decade | BioSpace

Pictured: Teva’s site in Canada/iStock, JHVEPhoto Teva Pharmaceuticals on Tuesday announced that it has agreed to pay $750 million to put an end to what it calls a “historical income tax issue” in Israel. Under an agreement with the Israel Tax Authority, Teva will make its settlement payment in yearly installments, from 2024 to 2029. … Read more

Big oil companies reject tax transparency push by activist investor – ICIJ

Big oil companies reject tax transparency push by activist investor - ICIJ

Shareholders at three of the world’s largest oil companies recently turned down tax transparency proposals from an activist investor. At Chevron, a proposal to publicly report the company’s earnings and tax bills in every country where it operates was defeated on May 29; 85% of votes were against the proposal. The shareholders followed recommendations from … Read more

On This Day: Paris falls to the Nazis in 1940

On This Day: Paris falls to the Nazis in 1940

Following are some of the major events to have occurred on June 14: 1777: The Second Continental Congress adopts the Stars and Stripes as the official flag of the United States, a symbol that would go on to represent the nation worldwide and become an iconic emblem. 1801: Martha Washington hosts the first Quadrille Ball … Read more

MicroStrategy and Its Founder to Pay $40 Million in Tax Fraud Lawsuit

MicroStrategy and Its Founder to Pay $40 Million in Tax Fraud Lawsuit

Michael Saylor did not pay any income taxes to Washington despite living there from 2005 through 2020.

Tobacco products from north seized at crossing point ,  

Tobacco products from north seized at crossing point ,  

Customs officers confiscated a large quantity of cigarettes in a car at a crossing point in Nicosia. The driver was attempting to smuggle 28 boxes, each containing 200 cigarettes, through the Ayios Dhometios crossing point. The person was arrested, fined €1,755, and released after an out-of-court settlement.

Cyprus has consistently alienated friendly countries

Cyprus has consistently alienated friendly countries

The fact described in the text is that every time Cyprus faced isolated attempts for recognition of the illegal entity in the occupied part of Cyprus, the country always turned to the United States government for help, and the US always responded positively to avert the danger.

Just 385 families keep four villages in occupied areas alive

Just 385 families keep four villages in occupied areas alive

There are only 385 families still living in the occupied villages of Kormakiti, Karpasia, Agia Triada, and Rizokarpaso, serving as pillars of Hellenism and the Maronite community. The Ministry of Social Welfare has revised the Resettlement Plan to provide financial support and incentives for families to return. The plan includes flexible conditions and offers facilitations such as allowing non-consecutive overnight stays and extending caregiving allowances. Interested parties must have permanent residence in the occupied villages and not be recipients of public assistance. The Ministry of Social Welfare manages and implements the plan, providing a monthly allowance to beneficiaries who meet the requirements and continue to reside permanently in their occupied village.