It cannot be stressed enough that the corporation as a taxpaying entity is a fiction. And the previous assertion should in no way be construed as a suggestion that corporations pay no taxes. Quite the opposite. At the same time, this write-up’s opening line is just a comment that shareholders pay all corporate taxes, which … Read more
It cannot be stressed enough that the corporation as a taxpaying entity is a fiction. And the previous assertion should in no way be construed as a suggestion that corporations pay no taxes. Quite the opposite. At the same time, this write-up’s opening line is just a comment that shareholders pay all corporate taxes, which … Read more
The Light Works Festival 2024 will take place in Larnaca on June 8 and 9 at the Tree of Life Centre. The festival will feature workshops, classes, and activities focused on wellness, including yoga, qigong, emotional resilience, drumming, tarot readings, and craft workshops for children. Additional events and updates can be found on the festival’s Facebook event page.
The first weekend of June will feature various events in Nicosia, Larnaca, Limassol, and Paphos. In Nicosia, there will be a street food market at the Nicosia Municipal Gardens on Friday, the Cyprus Pride March on Saturday, and the 27th Cultural Festival of the University of Nicosia opening on Sunday.
Fact: Cyprus will have a vibrant cultural scene this summer with events such as the Cyprus International Accordion Festival, Vegan Fam Flavours, Cyprus Pride March, Cyprus Fashion Film Festival, MBS Wellbeing Day Festival, Lavender Festival, Cyprus Contemporary Dance Festival, Summer Jazz Project, and Paphos International Film Festival.
The Detroit City Council approved a 15-year extension of the Renaissance Zone Act, allowing the Detroit Medical Center to continue receiving tax exemptions.
Fact: A task force is being established in Cyprus to carry out inspections on behalf of the environment department in an effort to combat environmental crime.
Cyprus is experiencing a significant development boom with billions of euros being invested in various projects, including infrastructure improvements, new marinas, hotels, medical centers, university buildings, golf courses, schools, and residential properties. These projects are expected to bring multiple benefits to the country, transforming its landscape and contributing to economic growth. Major investments include golf resorts like Limassol Hills and Eagle Pine, as well as marinas such as Larnaca Marina and the upcoming Paralimni Marina. Education-related developments are also underway, and road infrastructure projects across the island are crucial for improving residents’ quality of life.
Projects worth €100 million are planned in Larnaca in the coming years.
Fact: Health insurance offers a wide range of medical services, including routine health check-ups, preventive care, hospitalization bills, and surgeries.