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Published on 05:58 GMT

Sri Lanka financial VAT surges as taxes overshadow retained profits in banks

ECONOMYNEXT – Ceylon Grain Elevators, Sri Lanka’s largest feed-milling poultry group said it coordinated a bulk maize vessel to reduce the cost of imported inputs, which are taxed at high levels by the government. “Successfully coordinated a bulk maize …

Source: EconomyNext - Neutral
Published on 05:06 GMT

Where to watch USA vs. Germany World Championships 2025

The United States and Germany are separated by just one point in the Group B standings. Team USA has two wins, one overtime win and one loss for eight points, while Germany has three wins and one loss. They will play each other for the first time Saturday. …

Source: Sporting News - Neutral
Published on May 16, 2025

This Week In Cannabis: Earnings Season, Uruguay's 'Pepe' Mujica's Legacy, DEA's Meme Backlash, California's Tax Hike, ...

From the death of a cannabis legalizer to the revival of a meme war, this week brought sharp contrasts across the cannabis world. Global innovation advanced, with Canada's GrowerIQ landing in Thailand and Curaleaf's medical vaporizer getting EU …

Source: Benzinga - Neutral
Published on 03:50 GMT

Unexpected Europe tourist taxes for UAE travellers

Venice, Italy: The City Access Fee, also known as a Day Visitor Tax, applies even to those not staying overnight. It costs Dh24 per person per day. Balearic Islands, Spain: A Sustainable Tourism Tax is in place, ranging from Dh4.87 to Dh19.4 per night. …

Source: Gulf News - Gov't Propaganda
Published on 01:49 GMT

Germany cuts tax estimates to 2029 by more than 80 billion euros

Germany’s economic downturn and tax relief are likely to reduce total tax revenues by 81.2 billion euros ($90.94 billion) between 2025 and 2029 compared with a projection in October, figures the country’s council of tax experts showed on Thursday. For the …

Source: Hellenic Shipping News - Neutral
Published on 01:37 GMT

Changes to Labor and Employment Law by the New German Federal Government - Legal Insights Germany

The German Bundestag has elected Friedrich Merz (Christian Democratic Union (CDU)) as federal chancellor. With the government now in place, it can begin its session. The Christian Democratic Union, Christian Social Union (CSU), and Social Democratic Party …

Source: JD Supra - California - Neutral
Published on 01:37 GMT

Federal Fiscal Court on Trade Tax for Commercially Infected Upper-Tier Partnerships - Legal Insights Germany

The German Federal Fiscal Court (BFH) confirmed its case law according to which the commercial infection of an upper-tier partnership pursuant to Section 15 para. 3 no. 1 sentence 1 alt. 2 German Income Tax Code (Einkommensteuergesetz – EStG) does not lead …

Source: JD Supra - California - Neutral
Published on 01:34 GMT

Federal Fiscal Court Issues Two Rulings on the Requirements for a Consolidated Tax Group for Income Tax Purposes - Legal ...

In two rulings, the Federal Fiscal Court (BFH) ruled in favor of the taxpayer on the requirements for a consolidated tax group for income tax purposes. MANAGING HOLDING PARTNERSHIP AS CONTROLLING COMPANY (JUDGMENT OF NOVEMBER 27, 2024, CASE NO. I R 23/ …

Source: JD Supra - California - Neutral
Published on 02:37 GMT

Apple adjusts App Store pricing and tax rules in select countries

Today, Apple announced upcoming changes to App Store pricing and developer proceeds. New tax adjustments will take effect immediately in Brazil, and additional pricing updates will roll out in multiple regions over the next few months. Brazil: new tax hits …

Source: 9to5Mac - Neutral
Published on May 16, 2025

Germany’s New Coalition Agreement Impacts Labor Law and Social Policy: 10 Key Takeaways for Employers

Germany’s recent federal election signaled a shift in the country’s politics – and employers will surely feel the impact. The center-right Christian Democratic Union and its sister party, the Christian Social Union, won the largest share of seats in …

Source: JD Supra - California - Neutral
Published on May 16, 2025

Phillips 66 Sells Majority Stake in German, Austrian Retail Unit

Pillips 66 has entered into a definitive deal to divest a 65 percent interest in its Germany-Austria retail business to a consortium of investment firms Energy Equation Partners and Stonepeak Partners LP. JET Tankstellen Deutschland GmbH operates 970 sites …

Source: Rigzone - Neutral
Published on May 16, 2025

Why Germany's new goverment is already facing a black hole in its budget

An official estimate showed that tax revenues will be some €81.2 billion lower between 2025 and 2029 than had been expected when the last forecast was published in October. Of this, there will be around €33 billion less in the federal government's …

Source: The Local - Germany - Neutral
Published on May 16, 2025

UK soars up new 'nanny state' rankings league - Germany is bottom

The UK has one of the biggest nanny states with freedoms decreasing at a faster rate than almost anywhere else in Europe over the past two years. Britain has the seventh biggest “nanny state” in Europe, according to one of the country’s most prominent …

Source: Daily Express - Right-wing
Published on May 16, 2025

Personal average tax rates in Europe: Which countries saw the biggest rise in 2024?

Workers pay not only income tax but also social security contributions. Together, these two components make up the personal average tax rate, expressed as a percentage of gross wage earning. This combined rate is often referred to as the “tax burden”. …

Source: Euronews - Neutral
Published on May 16, 2025

Lucerne coach tax puts brakes on tourist influx

The centre of Lucerne is traditionally a busy stop-off point for coaches. Keystone-SDA Listen to the article Listening the article Toggle language selector Select your language Close English (US) English (British) Generated with artificial intelligence. …

Source: Swissinfo - Public Broadcaster
Published on May 16, 2025

German government divided on Trump's NATO defense spending target

BERLIN German Defense Minister Boris Pistorius did not endorse calls by his Foreign Ministry colleague Johann Wadephul to follow U.S. President Donald Trump's demand that NATO members spend 5 percent of GDP on defense. Whatever is agreed upon at the …

Source: Hurriyet Daily News - Pro-Government
Published on May 16, 2025

Fury over Spain holiday tax proposals as tourists say they're cancelling their trips

UK holidaymakers are reportedly axing their visits to Spain amid qualms about a new levy that could bump up getaway costs. European Union tourists are on alert over the impending tax, threatening higher expenses for those visiting Spanish destinations. …

Source: Coventry Live - Neutral
Published on May 16, 2025

Tax Bill Proposes Trillions in Tax Cuts and Significant Tax Increases

Key Takeaways: The House Ways & Means Committee completed its Markup of tax legislation May 14, 2025, and the House plans to vote on the bill next week. The Markup includes nearly $6 trillion in tax cuts and approximately $2 trillion in tax increases, …

Source: JD Supra - California - Neutral
Published on May 16, 2025

More tax refund stores set to open

Tourists from Australia visit the Tiantan (Temple of Heaven) Park in Beijing, capital of China, May 1, 2025. [Photo/Xinhua] China plans to accelerate the availability of tax refund stores for eligible overseas visitors to about 10,000 shops nationwide …

Source: China Daily - Gov't Propaganda

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Published on May 16, 2025 - 11:13 GMT

Think Tank Identifies 10 Technologies to Enhance EU Security and Prosperity

The critical investments the EU can’t afford to miss COPENHAGEN, DENMARK, May 16, 2025 /⁨EINPresswire.com⁩/ -- 10 critical emerging technologies have the potential to dramatically enhance both Europe's security preparedness and economic …

Distribution channels: Energy Industry, IT Industry ...
Published on May 16, 2025 - 13:42 GMT

Ilham Aliyev met with President of European Council and President of European Commission in Tirana

AZERBAIJAN, May 16 - 16 May 2025, 11:55 On May 16, President of the Republic of Azerbaijan Ilham Aliyev met with António Costa, President of the European Council, and Ursula von der Leyen, President of the European Commission, in Tirana. António Costa and …

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Published on May 16, 2025 - 11:54 GMT

With the support of the European Union, OSCE completes “Tactical Field Capacity Building” course for Tajik Border Troops ...

Under Phase 3 of the European Union (EU)-funded “Stabilization of Tajikistan's Southern Border Region with Afghanistan” project, the OSCE Programme Office in Dushanbe concluded its third “Tactical Field Capacity Building” course for Tajik Border Troops …

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Published on May 16, 2025 - 14:10 GMT

Magstim Granted EU MDR Certification

Magstim Passes Compliance with Strict European Union Medical Device Regulations Expanding Magstim Access to Entire EU Marketplace WHITLAND, United Kingdom, May 16, 2025 (GLOBE NEWSWIRE) -- Magstim has been granted EU MDR Certification for all transcranial …

Distribution channels: Environment, Healthcare & Pharmaceuticals Industry ...

Published on May 16, 2025 - 19:16 GMT

Chairman Mert Şener Charts Bold International Growth for MES Group

MES Group Embarks on Ambitious Global Expansion NEW YORK, NY, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- Mert Şener, Chairman of the Board of MES Group of Companies and President of the Turkish Education Federation, today publicly …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 16, 2025 - 17:30 GMT

How Additive Manufacturing is Reshaping the Aviation Titanium Alloy Market Supply Chain, FMI Study

Additive manufacturing is transforming the aviation titanium alloy market by reducing waste, shortening lead times & enabling decentralized aerospace production NEWARK, DE, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- The aviation industry has …

Distribution channels: Chemical Industry ...
Published on May 16, 2025 - 13:04 GMT

Stord Raises $200M+ at a $1.5B Valuation to Power Fast, Seamless E-Commerce Experiences at Scale

Following record 2024 & sustained profitability, Stord’s growth accelerates as brands turn to its rapid shipping & integrated consumer experience solutions. ATLANTA, GA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- Stord, a commerce …

Distribution channels: Business & Economy, Companies ...
Published on May 15, 2025 - 17:46 GMT

EU EXTERNAL PARTNERS: Algeria drafting asylum law ― NGOs criticise European Commission designation of Egypt as ‘safe’ ...

The Algerian government has started drafting an asylum law. A number of NGOs have criticised the inclusion of Egypt in the European Commission’s proposed list of safe countries of origin. The head of the European Border and Coast Guard Agency (Frontex) has …

Distribution channels: Politics

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Published on May 16, 2025 - 21:39 GMT

San Francisco Offers Free Hot Water Heaters to Advance Clean Energy

SACRAMENTO, CA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- San Francisco continues to lead the charge in the fight against climate change with its innovative new program aimed at eliminating gas-powered appliances and transitioning …

Distribution channels: Emergency Services, Energy Industry ...
Published on May 16, 2025 - 21:26 GMT

Bay Area Moves Toward a Greener Future: Gas Water Heaters to Be Phased Out

SACRAMENTO, CA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- The Bay Area Air Quality Management District (BAAQMD) has announced a pioneering regulation to prohibit the sale and installation of gas water heaters in the Bay Area starting in …

Distribution channels: Emergency Services, Energy Industry ...
Published on May 16, 2025 - 21:12 GMT

Initiative Proposes Michelangelo Masterpiece as a Gift to Pope Leo XIV

An international group seeks to present a newly discovered Michelangelo sculpture to Pope Leo XIV, symbolizing cultural ties between Italy and the US. FRANKFURT, GERMANY, May 16, 2025 /⁨EINPresswire.com⁩/ -- A group of European art enthusiasts has …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 16, 2025 - 20:47 GMT

The Partnership to End HIV, STDs, and Hepatitis Urges Congress to Reject Medicaid Cuts and Misguided Work Requirements

WASHINGTON, DC, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- The Partnership to End HIV, STDs, and Hepatitis —a coalition including NMAC, The AIDS Institute, National Coalition of STD Directors, NASTAD (National Alliance of State and …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on May 16, 2025 - 20:41 GMT

Abraham House and Sol Rashidi Launch Global Human-Centered AI Initiative to Prepare Workforce for the Future

Guided by Sol Rashidi, Abraham House launches a people-first AI framework to uplift dignity, purpose, and human potential in the age of disruption. LONDON, UNITED KINGDOM, May 16, 2025 /⁨EINPresswire.com⁩/ -- In response to the growing disruption …

Distribution channels: Banking, Finance & Investment Industry, Education ...
Published on May 16, 2025 - 17:00 GMT

Pej Vahdat and Shomit James to Co-Host New Series Spotlighting American Made Medical Manufacturing

SAN JOSE, CA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- Acclaimed actor Pej Vahdat and entrepreneur Shomit James will co-host a bold new television series that brings the spotlight to medical device manufacturers operating right here in …

Distribution channels: Business & Economy, Manufacturing ...
Published on May 17, 2025 - 01:39 GMT

International observers to Romania’s repeat presidential election second round to hold press conference on Monday

BUCHAREST, 16 May 2025 – International election observers will hold a press conference to present their findings following the second round of the repeat presidential election in Romania. What: A press conference of the international election observation …

Distribution channels: Politics
Published on May 16, 2025 - 08:00 GMT

Physician Reveals Concerning Trend in Health Care Pricing and What Can Be Done About It

IA, UNITED STATES, May 16, 2025 /⁨EINPresswire.com⁩/ -- Surveys show most doctors are increasingly concerned about a trend in health care pricing; patients being charged more for the same service, depending on where they go. And most don’t even …

Distribution channels: Culture, Society & Lifestyle, Emergency Services ...
Published on May 16, 2025 - 19:36 GMT

Conviction of independent election monitor in Russia undermines human rights and democratic standards, OSCE human rights ...

WARSAW, 15 May 2025 – The OSCE Office for Democratic Institutions and Human Rights (ODIHR) expresses serious concern following the conviction and sentencing of Grigory Melkonyants, co-chair of the independent Russian election monitoring group Golos, to …

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Published on May 16, 2025 - 15:03 GMT

National Association of Friendship Centres Extends Congratulations to Newly Appointed Federal Cabinet

OTTAWA, Ontario, May 16, 2025 (GLOBE NEWSWIRE) -- The National Association of Friendship Centres (NAFC) extends its congratulations to the newly appointed federal Cabinet. We recognize the significant responsibility entrusted to each Minister in shaping …

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Published on May 16, 2025 - 15:03 GMT

L’Association nationale des centres d’amitié exprime ses félicitations au nouveau gouvernement fédéral

OTTAWA, Ontario, 16 mai 2025 (GLOBE NEWSWIRE) -- L’Association nationale des centres d’amitié (ANCA) exprime ses félicitations au nouveau gouvernement fédéral. Nous reconnaissons le rôle important qui incombe à chaque ministre dans l’élaboration des …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on May 16, 2025 - 13:00 GMT

U.S. Ammunition Market Set to Reach $9.05 Billion by 2028 – Explore Key Insights!

Delray Beach, FL, May 16, 2025 (GLOBE NEWSWIRE) -- The report "US Ammunition Market by Application ((Defense (Military, Homeland Security), Civil & Commercial (Sporting, Hunting, Self Defense, Others)), Caliber (Small, Medium, Large), Others)- …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on May 16, 2025 - 11:54 GMT

International election observers to Poland’s presidential election to hold press conference on Monday

WARSAW, 16 May 2025 – International election observers will hold a press conference to present their findings following the presidential election in Poland. What: A press conference of the international election observation mission to the presidential …

Distribution channels: Politics
Published on May 16, 2025 - 11:54 GMT

With the support of the European Union, OSCE completes “Tactical Field Capacity Building” course for Tajik Border Troops ...

Under Phase 3 of the European Union (EU)-funded “Stabilization of Tajikistan's Southern Border Region with Afghanistan” project, the OSCE Programme Office in Dushanbe concluded its third “Tactical Field Capacity Building” course for Tajik Border Troops …

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Published on May 15, 2025 - 22:35 GMT

From Freedom to Fraud: AI and the Rise of Kleptocracy

Exposing the Machine | The New Book by Duncan Exposes the Digital Theft, Unmasking the Role of Artificial Intelligence in America’s Deepening Kleptocracy WINSTON SALEM, NC, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- From Freedom to Fraud: …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on May 15, 2025 - 21:48 GMT

HK Refurbished Stock ouvre l’accès aux smartphones reconditionnés premium pour les grossistes latinos

Les grossistes latinos accèdent à des smartphones reconditionnés premium via Hong Kong, avec un approvisionnement stable et sans droits. FRANCE, May 15, 2025 /⁨EINPresswire.com⁩/ -- En réponse à l’évolution des dynamiques commerciales mondiales et à la …

Distribution channels: Business & Economy, Electronics Industry ...
Published on May 15, 2025 - 21:39 GMT

Newly Released Book Four Feet Small Confronts the British Justice System with Unflinching Honesty

ORLANDO, FL, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Now available to readers everywhere, Four Feet Small by Billy Bean is not an attempt at sensationalism—it is a documented reckoning. What began as a personal fight for dignity and protection …

Distribution channels: Human Rights, Law ...
Published on May 15, 2025 - 17:27 GMT

82-Acre Off-Market Texas Tract Available for AI, Crypto and Energy Development

Texas Land Opportunity for Global Investors: 82 acres unzoned Texas land near Dallas for $1.2M. Ideal for global AI, crypto, & BESS investors. DALLAS, TX, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- Texas leads the global surge in AI, …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on May 15, 2025 - 15:25 GMT

U.S. AIR FORCE RESERVE COL. DR. JOSH MCCONKEY ANNOUNCES CANDIDACY FOR NORTH CAROLINA LIEUTENANT GOVERNOR

RALEIGH, NC, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- US Air Force Reserve Colonel, physician, conservative leader, and author of the Pulitzer Prize-nominated book ‘Be The Weight Behind The Spear,’ Dr. Josh McConkey officially announced …

Distribution channels: Book Publishing Industry, Culture, Society & Lifestyle ...
Published on May 15, 2025 - 15:09 GMT

Historic Haitian Film 'July 7: Who Killed the President of Haiti' Premieres tomorrow Across Global Theaters

A Final Call to Media Ahead of Haitian Flag Day Weekend NEW YORK, NY, UNITED STATES, May 15, 2025 /⁨EINPresswire.com⁩/ -- In a landmark cultural moment for Haitian cinema, July 7: Who Killed the President of Haiti will premiere in theaters …

Distribution channels: Culture, Society & Lifestyle, Movie Industry ...