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Dustin Hoffman assaulted Meryl Streep on set and flashed 16-year-old before forcing her to give feet massage
Dustin Hoffman assaulted Meryl Streep on set and flashed 16-year-old before forcing her to give feet massage
When Dustin Hoffman was accused of sexual assault, Meryl Streep addressed an old interview where she said the actor assaulted her when they first met
2023-05-24 12:44
Spain to delay Gavi return until 2025 after Barcelona fury at ACL injury
Spain to delay Gavi return until 2025 after Barcelona fury at ACL injury
Spain have decided not to call up Gavi until 2025 following backlash from Barcelona over the midfielder's ACL injury.
2023-11-22 20:30
I’m Dating Someone Who’s Never Had Sex & I Can’t Get Past It
I’m Dating Someone Who’s Never Had Sex & I Can’t Get Past It
Thanks for reading Can We Talk?, a sex and relationships column that aims to tackle the burning questions about sex, dating, relationships, and breakups that you’re too afraid to ask your partner — or maybe even your besties.
2023-08-02 21:45
Anti-Covid drug may have led to virus mutations: study
Anti-Covid drug may have led to virus mutations: study
An anti-Covid drug widely used across the world may have caused mutations in the virus, researchers said on Monday, but there was no evidence that the changes...
2023-09-26 00:13
China off to golden start on first day of Asian Games
China off to golden start on first day of Asian Games
The first gold medals at the Asian Games were all won by host nation China on Sunday in rowing, shooting and wushu after President Xi Jinping opened the two-week...
2023-09-24 11:22
Setback for Ireland as EU legal adviser recommends revisit of Apple tax case
Setback for Ireland as EU legal adviser recommends revisit of Apple tax case
A legal expert at Europe’s top court has said a lower court committed “errors in law” when it threw out a decision by the European Commission which would force Apple to pay more than 13 billion euro in back taxes to Ireland. The non-binding opinion is seen as a significant setback to Ireland’s defence of its past tax treatment of the US technology giant. In 2016, following an EU investigation which launched in 2014, the commission concluded that Ireland gave undue tax benefits to Apple, which would be illegal under EU state aid rules. Ireland and Apple fought the commission on the matter and in July 2020, the General Court of the European Union annulled the decision. However, the European Commission subsequently appealed against the decision to the European Court of Justice (CJEU) saying the lower court’s ruling was legally incorrect. On Thursday, Giovanni Pitruzzella, an advocate general at the CJEU, agreed that the earlier ruling had contained “a series of errors in law”. He said the judgment should be set aside and referred the case back to the General Court for a new decision. While the opinion of the advocate general is non-binding, it is usually followed by the court and therefore could have significant implications for corporation tax bills. There was no sweetheart deal Finance Minister Michael McGrath The commission’s original position was that that tax rulings issued by Ireland to Apple in 1991 and 2007 substantially and artificially lowered the tax paid by the iPhone manufacturer in the country since the early 90s, in a way which did not correspond to economic reality. As a result, competition commissioner Margrethe Vestager said Ireland had granted illegal tax benefits which enabled it to pay substantially less tax than other business over many years. The investigation found that Apple had paid an effective corporate tax rate of 1% on its European profits in 2003, down to 0.005% in 2014, 50 euro for every one million euro of profit. The process involved recording almost all sales profits of two Irish incorporated companies, which the commission said only existed on paper. The companies, fully owned by Apple, held the rights to use the firm’s intellectual property to manufacture and sell its products outside North and South America. The commission said this situation allowed Apple to avoid taxation on almost all profits generated by sales of its products in the entire EU single market. It said this was due to Apple’s decision to record all sales in Ireland rather than in the countries where the products were sold. The findings were disputed by the Irish State, which said all tax owed had been collected, and Apple, which had come under scrutiny in the US for its tax practices years earlier. At the time, Apple’s chief executive, Tim Cook, branded the EU findings as “political crap”, maddening and untrue. The Irish Government, which was also used to defending a comparatively low 12.5% corporation tax rate, said Europe had overstepped the mark in attempting to dictate tax laws and enforce retrospective taxes decades later. Ireland and Apple fought the commission on the matter and in July 2020, the General Court of the European Union annulled the decision. The General Court found that the commission had not shown that there was an advantage deriving from the adoption of the tax rulings. However, the commission subsequently appealed the decision to the European Court of Justice with Ms Vestager saying the lower court’s ruling contained errors of law. On Thursday, the advocate general agreed the General Court had erred when it ruled that the Commission had not shown to the requisite legal standard that the intellectual property licences held by the two incorporated companies and related profits, generated by the sales of Apple products outside the US, had to be attributed for tax purposes to the Irish branches. The advocate general was of the view that the General Court also failed to assess correctly the substance and consequences of certain methodological errors that, according to the Commission decision, “vitiated the tax rulings”. It is the non-binding opinion of Mr Pitruzzella that it is necessary for the General Court to carry out a new assessment. The decision of the CJEU on the matter is expected next year and will have significant implications for how member states grant tax breaks to major firms. Apple has argued it has been paying tax on the profits in question in the US, while Ireland has seen it necessary to defend its reputation on taxation issues to protect foreign direct investment. Last weekend, Finance Minister Michael McGrath had said the advocate general’s opinion would be “significant” but added it is not the final step in the process. Mr McGrath said: “We are confident in our position in respect of the Apple case. “We take encouragement from the findings they have made so far, but it is a significant day.” He added: “There was no sweetheart deal. “This was the application of Ireland’s statutory corporation tax code.” In the interim, the 13.1 billion euro has been held in an escrow fund pending the outcome of the case. The money, with interest, is due to be entered into the Irish exchequer if the commission wins the case. However, other member states may make claims that they are owed some of the money. If the commission loses the appeal, the large sum will be returned to Apple. Read More Smartphones ‘may be able to detect how drunk a person is with 98% accuracy’ Ireland and Apple await major development in long-running EU tax dispute Guidance urges parents not to buy smartphones for primary school children William ‘blown away’ by futuristic technology from Singapore start-ups Return of original Fortnite map causes record traffic on Virgin Media O2 network NatWest creates new AI-powered chatbot capable of ‘human-like’ conversations
2023-11-09 18:00
Who is DyNell Lane? Video shows Dallas cops laughing at disabled army veteran who wet himself after being denied bathroom access
Who is DyNell Lane? Video shows Dallas cops laughing at disabled army veteran who wet himself after being denied bathroom access
Lane was denied restroom access by the officers even though Dallas has Ally's Law in place for situations involving emergency bathroom needs
2023-08-19 17:08
Unionized UPS workers vote to authorize a strike in high-stakes negotiations for a new contract
Unionized UPS workers vote to authorize a strike in high-stakes negotiations for a new contract
Unionized UPS workers voted to authorize a strike on Friday, setting the stage for a potential work stoppage if the package delivery company and the Teamsters can’t come to an agreement on a new contract
2023-06-16 23:51
Washington Post publisher Fred Ryan leaves paper after 9 years at helm
Washington Post publisher Fred Ryan leaves paper after 9 years at helm
Washington Post publisher and chief executive Fred Ryan is leaving the newspaper after nine years in charge
2023-06-13 00:56
From Elon Musk to Jamie Dimon, CEOs flock to China as risks to trade and investment rise
From Elon Musk to Jamie Dimon, CEOs flock to China as risks to trade and investment rise
The CEOs of some of America's biggest companies are in China this week to take the pulse of one of their top markets after the country reopened following nearly three years of pandemic restrictions.
2023-05-31 17:43
Grichuk's 2-run double in 10th lifts Rockies over Red Sox 7-6
Grichuk's 2-run double in 10th lifts Rockies over Red Sox 7-6
Randal Grichuk lined a two-run double in a three-run 10th inning and Colorado held on to beat the Boston Red Sox 7-6, giving the Rockies their second straight win at Fenway Park
2023-06-14 11:09
García was let go by 2 teams, including the Rangers, the team he's led to the World Series
García was let go by 2 teams, including the Rangers, the team he's led to the World Series
Adolis García has gone from being twice designated for assignment to becoming a record-setting AL Championship Series MVP who is now in the World Series
2023-10-27 07:59