JetBlue sues Florida over $631K corporate tax dispute

JetBlue sues Florida over $631K corporate tax dispute

JetBlue Airways is suing the Florida Department of Revenue over $631,000 in corporate taxes, arguing the state unlawfully extends its geographical boundaries, resulting in unconstitutional double taxation. JetBlue Airways initiated legal action against the Florida Department of Revenue on July 19, challenging an assessment of additional corporate income taxes for the years 2019 to 2021. … Read more

How Rhode Island lawmakers fended off Healey’s play to woo Citizens Bank

How Rhode Island lawmakers fended off Healey’s play to woo Citizens Bank

A tax tweak may have helped keep R.I.’s biggest bank from decamping for Massachusetts A Citizens Bank branch, Thursday, Nov. 17, 2022, in Boston. (AP Photo/Charles Krupa)Charles Krupa/Associated Press tweak state tax policy to help the big bank?We’ll never know for sure. But it’s a hot topic in Rhode Island’s political and business circles.House Speaker … Read more

Are real property taxes set to increase?

Are real property taxes set to increase?

Republic Act No. 12001 has been signed into law by President Ferdinand Marcos Jr. This new law is called the Real Property Valuation and Assessment Reform Act (RPVARA). Simply put, the RPVARA seeks to provide a uniform valuation for real properties in the country. It also creates the Real Property Information System, which shall maintain … Read more

Larnaca, ’s great unknown potential

Larnaca, ’s great unknown potential

It is noticeable how city centres can change from one day to another, so to speak.  Larnaca, the “poor” relative of all towns, partly due to its unfortunate vocal pressure groups and some municipal corruption in the past, has been left behind in its development. The very recent upgrade of the original town with numerous … Read more

One year on, Russian officials change tune on tax policy

reuters_tickers This content was published on June 6, 2024 – 17:58 ST PETERSBURG (Reuters) – The prospect of raising Russia’s corporate taxes was criticised by officials at last year’s St Petersburg economic forum as a counterproductive move that would suppress investment. This year, those same officials have changed their tune.The government approved tax hikes last … Read more

Biden is turning the American dream of retirement into a nightmare

Biden is turning the American dream of retirement into a nightmare

President Biden is proposing a tax hike on savings, including a 45% tax on capital gains, which would negatively impact retirement savings for millions of Americans. Biden’s proposed tax increases on investment are driven by the government’s addiction to spending, with a proposed federal budget of .3 trillion and .9 trillion in future tax hikes. These taxes will result in lower spending and reduced savings for families, affecting their ability to save for retirement. Biden’s policies are seen as detrimental to individuals and the economy, as they will hinder investment and economic growth.

Real Madrid sign Mbappe on free transfer

Real Madrid sign Mbappe on free transfer

Kylian Mbappe has joined Real Madrid as a free agent on a five-year contract, ending his seven-year stint at Paris St Germain.

Real,  late show sinks Dortmund to secure 15th European Cup

Real,  late show sinks Dortmund to secure 15th European Cup

Real Madrid won their 15th European Cup by defeating Borussia Dortmund 2-0 in the final.

Real Madrid seeking to establish new Champions League dynasty

Real Madrid seeking to establish new Champions League dynasty

Real Madrid is facing Borussia Dortmund in the Champions League final at Wembley Stadium. Real Madrid is seeking to win their record-extending 15th European Cup and sixth in 10 years. They have learned from past mistakes of overpaying for big names and have focused on developing young talent to create a successful team. The current squad is a mix of veterans and young players, with Dani Carvajal being the only surviving starter from a decade ago. Borussia Dortmund, despite having less Champions League success compared to Real Madrid, have shown their strength by defeating Atletico Madrid and Paris St Germain in the knockout stages.

Attack averted on French Olympic soccer match in St Etienne, authorities say

Attack averted on French Olympic soccer match in St Etienne, authorities say

An 18-year-old Chechen man was arrested in Saint-Etienne, France, suspected of planning an attack at the city’s soccer stadium during the upcoming Olympics. The suspect is accused of associating with terrorists and is currently in detention. Interior Minister Gerald Darmanin stated that the suspect wanted to target spectators and security forces and die as a martyr. The man had planned to attack fans outside the stadium due to tight security inside. The suspect’s under-aged brother was also initially arrested but later released.