November 22, 2017

How Apple uses the Channel Island of Jersey in tax strategy

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By Aaron Pressman From Fortune When Apple’s efforts to reduce its taxes around the world came under fire in Congress a few years ago, CEO Tim Cook fired back. “We do not depend on tax gimmicks,” Cook said. “We do not stash money on some Caribbean island.” The first statement depends on the definition of […]

Towards the establishment of the “Haiti-Dominican Republic Binational Arbitration Platform”

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Port-au-Princ, Haiti, November 6, 2017: The Chamber of Conciliation and Arbitration of Haiti (CCAH) and El Centro de Resolución Alternativa de Controversias (CRC) of the Dominican Republic, signed on Tuesday, October 24, 2017, a memorandum of understanding (MOU) to improve the business relations between both countries. It is envisioned that the MOU will enable greater […]

World wine output set to fall to lowest since 1961 -OIV

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Reuters From This Is Money UK By Gus Trompiz PARIS, Oct 24 (Reuters) – Global wine production this year is set to fall to its lowest level since 1961 after harsh weather in western Europe damaged vineyards in the world’s largest production area, international wine body OIV said on Tuesday. Global output is expected to […]

Amazon must pay $295 million in back taxes, EU says

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The Associated Press From AJC BRUSSELS Amazon has to pay $295 million in back taxes to Luxembourg, the European Union ordered Wednesday, in its latest attempt to tighten the screws on multinationals it says are avoiding taxes through sweetheart deals with individual EU states. Margrethe Vestager, the EU official in charge of antitrust issues, also […]

Europe hits Ireland over $15B in unpaid Apple taxes; Luxembourg liable for $294M in Amazon taxes

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By Ingrid Lunden From TechCronch The European Commission under Competition Commissioner Margrethe Vestager definitely means business. Today it issued not one but two notices related to ongoing investigations of tech giants Apple and Amazon and how they are not paying what is due in taxes. The result is a doozy. The EC says that Ireland has failed […]

Bomb blast in southeast Turkey kills four soldiers, wounds four

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Reuters, Diyarbakir (Turkey) From Hindustan Times  More than 40,000 have been killed since the Kurdistan Workers Party (PKK) launched its separatist insurgency in 1984. It is designated a terrorist group by Turkey, the US and European Union. A bomb planted by Kurdish militants ripped into a military vehicle, killing four soldiers and wounding four more, […]

The view from Europe: rethinking the relationship with Europe

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BY: DAVID JESSOP From Barbados Advocate Today, October 1, the European Union’s sugar regime, which has for decades sustained the production of cane and raw sugar in the Caribbean, comes to an end. This is scarcely news. As a long-planned domestic measure, the EU decided in 2013 to abolish national sugar production quotas in Europe […]

All Party Parliamentary Group for Cayman Islands reconstituted

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The All Party Parliamentary Group for the Cayman Islands was reconstituted in Westminster, London, on Tuesday night (12 September 2017), for the first time since the U.K. general election in June. The group, which promotes Cayman Islands interests in the U.K. and internationally, now has more than 30 MPs and Peers. This is a significant […]

Brexit: Theresa May’s landmark EU Withdrawal Bill passes first parliamentary hurdle

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From Independent.ie Britain’s parliament backed a second reading of legislation to sever ties with the European Union early on Tuesday, a reprieve for British Prime Minister Theresa May who now faces demands by lawmakers for concessions before it becomes law. After more than 13 hours of speeches for and against the legislation, which May says […]

BT to remove half of the UK’s remaining telephone boxes

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By Matt Brian From engadget The company spends £6 million a year on phone box upkeep, which includes removing human waste. With the majority of Britons now carrying a smartphone in their pocket, demand for static, boring telephone boxes has dwindled. A small number of them have been repurposed, turned into tiny offices, WiFi hotspots […]