An angry Trump vows to keep fighting after guilty verdict
Donald Trump was found guilty of 34 counts related to falsifying documents to hide hush money payments to a porn star.
surrender
On This Day: Russia’s worst recorded earthquake killed 1,989 people in 1995
– In 1940, Belgium’s King Leopold surrendered to the invading Germans in World War Two, and the evacuation of defeated Allied armies from Dunkirk began, saving a total of 224,585 British and 112,546 French and Belgian troops.
Three to stand trial in Larnaca couple extortion case
Three individuals aged 32, 46, and 50 are facing charges of conspiracy to commit a felony, extortion, and demanding money under threat in the Larnaca District Court. Prosecutors claim they threatened and intimidated a couple, demanding €300,000 due to past financial dealings. The case has been adjourned until December 4, 2024. The 46-year-old and 32-year-old defendants were granted bail with conditions, while the 50-year-old defendant remains in custody for not meeting the bail requirements.
Insurers Face Crisis with Hundreds of Billions of Won in Corporate Tax Increases
Fact: IFRS 17 stands for the International Financial Reporting Standard issued by the International Accounting Standards Board in May 2017.
Inheritance Tax Will Lead To Economic Chaos In India: Economist Gautam Sen
– Economist Gautam Sen believes that the notion of an inheritance tax is unrealistic and labeled Congress leader Rahul Gandhi’s suggestion of a “wealth survey” as impractical.
– Sen expressed concerns that conducting surveys of all households and businesses for wealth redistribution would result in economic turmoil.
– Around 2.4 per cent of people pay taxes in India, of which not more than 1.2 million have personal assets.
– Sen mentioned that the very rich individuals in India may migrate to Dubai to avoid taxes if wealth redistribution measures are implemented.
– Sweden removed its inheritance tax and saw an increase in wealth, economic growth, and tax collection.
– Sen believes that the current combination of wealth creation and redistribution in India is working well.
– Congress leader Sam Pitroda had advocated for exploring inheritance laws in India, drawing parallels with the United States where there is no inheritance tax, but rather estate duty and gift tax paid by a small percentage of deceased individuals.
EU should , ‘stop being a slave to Greek Cypriots’
Fact: The Turkish Cypriot leader Ersin Tatar believes that the European Union should stop being a slave to the Greek Cypriot side in the Cyprus problem.
KRA eyes tax-evading multinationals with new database
The Kenya Revenue Authority (KRA) plans to install a new transfer pricing database to gather and compare transactions made by multinational firms to prevent tax evasion.
Court releases man on bail in money laundering case
The Court of Appeal has decided to release a 43-year-old man facing money laundering charges on conditions, including a €30,000 cash deposit, surrendering travel documents, being on a travel ban list, and reporting to the police. The case originated from a complaint by a woman who was robbed of €420,000 in Limassol, implicating the man in the crime. Defense lawyers for the man are Antonis Demetriou, Marinos Kaoullas, and Andreas Demetriou.
Nigeria to free 313 suspected Boko Haram insurgents for lack of evidence
Nigeria’s military will release more than 300 people suspected of being part of the Boko Haram insurgency after a court ruled there was no evidence they committed any crimes.
EXPLAINER-Who is Julian Assange?
Julian Assange will find out on Tuesday whether the High Court in London will allow him to appeal against his extradition from Britain to the United States to face criminal charges, nearly all under the Espionage Act.