Belgium France Asked to Remove Tax Exemptions for Ports

first_imgzoom The European Commission has asked Belgium and France to abolish the corporate tax exemptions granted to their ports, so as to align their tax regime with EU state aid rules. In Belgium, a number of sea and inland waterway ports, notably the ports of Antwerp, Bruges, Brussels, Charleroi, Ghent, Liège, Namur and Ostend, as well as along the canals in Hainaut Province and Flanders, are exempt under Belgian law from the general corporate income tax regime.These ports are subject to a different tax regime, with a different taxable base and tax rates, resulting in an overall lower level of taxation for Belgian ports as compared to other companies in Belgium.Most French ports, notably the 11 “grands ports maritimes” of Bordeaux, Dunkerque, La Rochelle, Le Havre, Marseille, Nantes-Saint-Nazaire, Rouen, Guadeloupe, Guyane, Martinique and Réunion, as well as the Port autonome de Paris, and ports operated by chambers of industry and commerce, are fully exempt from corporate income tax under French law.The Commission said it considers that the corporate tax exemptions granted to Belgian and French ports “provide them with a selective advantage, in breach of EU state aid rules.”Belgium and France now have until the end of 2017 to take the necessary steps to remove the tax exemption in order to ensure that all ports are subject to the same corporate taxation rules as other companies from January 1, 2018.last_img read more

Ikea considers making modernist office building into a hotel

first_imgNEW HAVEN, Conn. – A brutalist-style structure that was designed by famed architect Marcel Breuer and has sat vacant along Interstate 95 for over a decade may soon see new life as a hotel.Swedish home furnishings giant Ikea, which owns the property, is seeking approval from New Haven’s City Plan Commission to repurpose the building as a 165-room hotel.The concrete building is composed of two sections, with an office block elevated above the lower floors by massive pillars. It was built in the late 1960s as the headquarters for the Armstrong Rubber Co., which later solid it to the Pirelli tire company. After acquiring the property in 2003 Ikea built its outlet on an adjacent plot but it has hung a huge banner ad from its roof to advertise chairs or desks sold at the store.In a letter to the planning commission, Ikea said the expectation is “that the building will become an attractive purchase opportunity as a hotel,” the New Haven Register reported . It said the plan would help meet the city’s need for new hotel rooms and rejuvenate an architecturally significant building at a gateway to the city centre.The site plan documents do not identify a potential hotel operator. An Ikea spokeswoman said the company has not announced any new plans for the building and did not have any further information to share.City officials have been discussing different ideas for use of the site with Ikea for several years, said Matthew Nemerson, the city’s economic development administrator. For now, he said, Ikea is only talking about parking and zoning changes that might be needed to accommodate a new use for the building.“While we are excited we don’t want to put any pressure on them,” Nemerson said. “We’re very happy they are talking to developers.”Works by Breuer, Hungarian-born architect, have seen a resurgence of interest and Nemerson said he has heard a range of creative ideas for the New Haven building, including installing glass around the outside of the “missing” third floor to create new space possibly for a restaurant.“It’s always been a billboard. It could be something creative that captures people’s attention,” Nemerson said.last_img read more

Guj Cong MLA resigns 3rd to quit party in 4 days

first_imgAhmedabad: A day ahead of the Congress Working Committee meeting here, Jamnagar (Rural) MLA Vallabh Dharaviya quit the party and tendered his resignation from the Assembly to Speaker Rajendra Trivedi Monday afternoon.Dharaviya’s is the third resignation of a Congress MLA in the past four days. “Dharaviya has resigned as Jamnagar (Rural) MLA. He told me he is resigning voluntarily,” Speaker Trivedi confirmed. A little while before Dharaviya quit, his former party colleague Parsotam Sabariya, who had resigned as Dhrangadhra MLA on March 8, joined the ruling BJP in the presence of its senior leaders I K Jadeja and K C Patel. Also Read – How a psychopath killer hid behind the mask of a devout laity!Sabariya was arrested in October last year in connection with an irrigation scam and was granted bail by the Gujarat High Court in February. Sabariya said he was not under pressure to join the BJP and claimed he was making the switch to develop his constituency. “I am joining the BJP to develop my constituency. I was not under any pressure and have resigned from the Congress voluntarily. As far as the FIR is concerned, the law will take its own course. The BJP has to do nothing about it. I am not joining BJP to get any post or for other benefits,” he told reporters. Also Read – Encounter under way in Pulwama, militant killedOn March 8, Jawahar Chavda, Congress MLA from Manavadar, too had resigned from the Assembly and was promptly inducted into the BJP. He was made a cabinet minister in the Vijay Rupani government on March 9. The total number of desertions of MLAs from Gujarat Congress ranks in the past few months now stands at five. Apart from these five, the Congress lost another MLA when Bhagvan Barad was disqualified from the membership of the House on March 5 following his conviction and two year jail sentence in an illegal mining case. In July last year, senior Congress MLA Kunvarji Bavalia had resigned as legislator and was later made a cabinet minister in the state government. He then won the bypoll on a BJP ticket. Last month, first-time MLA from Unjha seat in Mehsana, Asha Patel, had resigned from the House and the Congress, and joined the ruling BJP.last_img read more

PIO exGoogle staff got 45 mn exit pack after sex abuse charge

first_imgSan Francisco: Tech titan Google agreed to pay its former India-born top executive Amit Singhal a whopping $45 million as an exit package when he resigned from the company in 2016 after being accused of sexual harassment, according to a media report. The previously undisclosed amount was in the separation agreement for Singhal, a senior vice president who ran Google’s search operations until early 2016. The amount was revealed on Monday in a shareholder lawsuit accusing the board of directors of Alphabet, the parent company of Google, of shirking their responsibilities by agreeing to pay executives accused of misconduct instead of firing them for cause, the New York Times reported. Also Read – Maruti cuts production for 8th straight month in SepThe lawsuit was part of the fallout over how Google has handled sexual harassment cases, it said. The lawsuit was filed in January in California Superior Court with redactions in the passages referring to board discussions. An amended version was filed on Monday without the redactions. According to the amended suit, Google agreed to pay Singhal $15 million a year for two years and between $5 million and $15 million in the third year as long as he was not employed by a competitor. Also Read – Ensure strict implementation on ban of import of e-cigarettes: revenue to CustomsHe agreed to take a job at Uber about a year after his departure, then resigned from the ride-hailing company a few weeks later when the sexual harassment claim at Google became public, the report said. Frank Bottini, an attorney for the shareholders, said the board-approved payments were an “abdication of responsibility”. A Google spokeswoman said Monday that the company had “made many changes to our workplace and taken an increasingly hard line on inappropriate conduct by people in positions of authority”. “There are serious consequences for anyone who behaves inappropriately at Google,” she said. Singhal left Google after an employee said he had groped her at an off-site event. Google investigated the allegation and found that Singhal had been inebriated. The company also concluded that the employee’s account was credible. At the time, Singhal said he wanted to spend more time with his family and focus on his philanthropy, the report said. Singhal did not respond to a request for comment, it said. Born in Jhansi, Uttar Pradesh, Singhal received a Bachelor of Engineering degree in computer science from IIT Roorkee. He received an MS degree from University of Minnesota Duluth and was head of Google’s core search team for 15 years.last_img read more

India and Africa should try to forge free trade pact Prabhu

first_imgNew Delhi: India and Africa should examine if they can enter into a free trade agreement or preferential trade agreement, Commerce Minister Suresh Prabhu has said. Addressing a conference here, the minister said India’s exports of services and merchandise together would touch a record $540 billion in the current financial year ending March 31, reflecting its robust economic fundamentals. “Please think about a free trade agreement between Africa and India. We can think about a preferential trade agreement….and the fundamental principle would be how Africa will benefit first and India later,” he said, adding this could be another way of increasing Africa’s share in the global marketplace. Also Read – Thermal coal import may surpass 200 MT this fiscalThe India-Africa trade stands at $62 billion. India mainly exports pharmaceuticals, engineering and electronic products to Africa and imports natural resources and diamonds. According to the minister, India received record FDI inflows in the last fiscal, and the country’s outbound investment flows are also increasing. Africa would be the preferred destination for Indian investments, Prabhu said. Commerce Secretary Anup Wadhawan said the balance of trade is in favour of Africa. In 2017-18, India’s exports to Africa were valued at $24 billion, whereas India’s imports from Africa were at $38 billion. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostHe said there is a huge potential to expand India-Africa bilateral trade flow, towards which India should look to geographically diversify its ties with African countries, as also diversify the bilateral trade basket. Addressing the CII EXIM Bank Conclave on India Africa Partnership here Sunday evening, he said India is committed to working with Africa in areas prioritised by African countries in the spirit of ‘Partners in Progress’. The minister added that even as India gears up to become a $5 trillion economy in the next few years, and a $10 trillion economy thereafter, the country endeavours to help Africa sustain its own economic growth momentum. He pointed out that while physical connectivity between the two regions is being strengthened, the opportunity to expand digital connectivity between India and Africa could obviate the need for widespread and capital-intense physical infrastructure connectivity. Keeping in view Africa’s central location on the global map, India could help establish strong logistics linkages in the region, Prabhu said. He also highlighted the opportunities for deeper India-Africa bilateral cooperation and partnerships in agriculture and food processing, power projects, new and renewal energy development, skills development, among others. He added that Indian industry will extend all support to African nations to process natural resources in Africa itself.last_img read more

Hospital opens dental clinic offers free implant surgeries

first_imgKolkata: Dental patients, who need implants, will now get free of cost treatment at Dr R Ahmed Dental College and Hospital as a new dental implant clinic has started functioning on the hospital campus.Doctors from the department of Prosthodontia, department of oral and maxillofacial surgery and the department of Periodontia will treat the patients at the new dental clinic at the hospital. Since March 2, when the clinic was officially inaugurated, senior doctors from all the three departments conducted dental implant surgeries on 12 patients. Artificial teeth would be implanted replacing those which have been damaged owing to various causes. There may be a single implant or multiple implants as determined by the expert doctors of the hospital. Dr Tirthankar Debnath, assistant professor, department of Periodontia and Public Health dentistry said the whole process of dental implant might take about four months and the process would be conducted in various phases. According to Dr Debnath, there are two aspects of dental implant — mechanical and biological. A titanium base would be implanted as a root on jawbone and an artificial teeth made of ceramic would be fitted on the titanium base. “The teeth would be implanted a couple of months after the titanium base is fitted on the patients’ jaw so that the base becomes a permanent part of the jaw through Osseointegration. It is a process that allows dental implants to become a permanent part of the jaw. I t maintains the structural and functional connection between living bone and the surface of a load-bearing artificial implant. When the titanium base is cemented with the jaw, it is desirable to implant the metal ceramic teeth,” Dr Debnath said. Using dental implant the patients will be able to use the teeth almost like an original one. The patients can make the use implanted teeth up to 95 per cent naturally, an expert said. According to sources, a patient would have to pay anything between Rs 20,000 and Rs 50,000 for a single implant at private establishments depending on the quality of the implants. While Dr R Ahmed Dental College and Hospital is conducting the surgeries free of cost. The Mamata Banerjee government has carried out major infrastructure reforms in the state-run hospitals where the patients are availing best treatment free of cost. Dr Raju Biswas, a member of Dental council of India, said: “We are thankful to the Chief Minister for her support and motivation towards the newly inaugurated implant clinic at the hospital. In an era of scientific advancement, implants are essentials for all the patients undergoing dental extraction.”last_img read more

Despite nagging injury Saine sets sights on healthy year

Brandon Saine is making sure he’s not “getting caught up in the moment.” “[It’s important to] go back and watch the film, and there are always things you can improve on,” Saine said. This is what is driving Saine to have a breakout season after injuries slowed his performance last year. Saine’s top priority this season is to avoid major injury, though he has been battling a hamstring injury during spring practices. “At any time, someone can go down,” Saine said. “With so many hits and so many carries and you’re in so many plays, all it takes is one and the next guy has to be ready. You have to be ready at all times.” Saine thrives off of competition. With a lot of depth this season at tailback, Saine says it helps the guys push each other harder and not slip up.  “It’s a great thing, definitely makes us a lot better,” Saine said. “The younger guys are getting better and they’re pushing us older guys to get better too.” Leading by example, helping them understand their roles, sharing experiences and answering any questions they have is a big deal for Saine, as he strives to be a mentor in his senior season.   “We have a diverse group of guys and have a back for any down, and it will help us be a lot better,” he said. Saine is happy to have a familiar offensive line in front of him, too. He said that makes them more confident and they mesh well. On being a senior, Saine has not really captured the complete feeling yet. The feeling of him doing it all for the last time hasn’t dawned on him. He said that being voted a captain would mean a lot. “I am a pretty soft-spoken guy and they give me a lot of slack for not having big rah-rah speeches for them, but I think it would be an amazing experience,” Saine said. “I wasn’t even the captain of my high school team, but it would mean a lot. I would be humbled and excited to do it.” Saine should also have more impact on the offense also. With quarterback Terrelle Pryor’s progression in the passing game toward the end of last year, Saine is looking to catch the ball out of the backfield a bit more.  “Hopefully he can check it down to us a little bit and we’ll be able to do something with it and show him that if we get the ball we can catch it,” Saine said.  But Saine is not worried about the offense going from traditional “smash mouth” Ohio State football to an “air-it-out” game. He feels there is equal opportunity for everything to come about this season and show how versatile the offense can be. Saine said he hopes to be 100 percent by next week. Despite missing some spring practices, Saine said he is just taking some time off to heal properly and not have any major issues before the start of the season. read more

Ernesto Valverde defends Carles Alena substitution

first_imgBarcelona manager Ernesto Valverde has defended his decision to substitute off Carles Alena in favor of Lionel Messi during the club’s 3–1 win over Leganes.Alena impressed in middle of the park before being withdrawn for Messi shortly after Martin Braithwaite drew Leganes level at 1-1.The Barcelona supporters reacted negatively to the 21-year-old’s withdrawal, but Valverde made the change for a specific reason.Speaking in his post-match news conference, Valverde said, according to FourFourTwo:FC Barcelona, Valencia CFMatch Preview: Barcelona vs Valencia Boro Tanchev – September 14, 2019 Is derby time in La Liga, as Barcelona welcomes Valencia to the Camp Nou Stadium tonight at 21:00 (CET).“Alena played a great match, but we thought it was a good idea to make changes at 1-1.”“[Ivan] Rakitic and Messi are used to playing together and we have opted for a turn, but that does not mean it [Alena’s performance] was not good.”“The other day the full game, Alena did not play and today he did. We have to give everyone games because they are all important.”last_img read more

KPD Adds Bicycles To Their Fleet

first_imgAccording to Lt. Ben Langham the bikes, police edition Trek bikes, cost roughly $3,000 in total, and were purchased using drug seizure money. The Kenai Police Department has a total of five Seasonal Enforcement Officers this summer. Lt. Langham: “It’s a program that we’ve have for close to twenty years. We hire Seasonal Enforcement Officers that are employed to help during the dipnet season.”  Facebook0TwitterEmailPrintFriendly分享The Kenai Police Department has added two bicycles to their fleet for the busy summer tourist season. Lt. Langham: “The bikes are primarily going to be used by our Seasonal Enforcement Officers to go out and proactively patrol areas we are unable to get to with patrol cars. We are looking at having our Seasonal Enforcement Officers out in parks and trail systems primarily.”center_img The bikes are primarily used by the Seasonal Enforcement Officers to patrol in areas the department is unable to access via patrol vehicles. Seasonal Enforcement Officers go through training on how to use radios, tasers and pepper spray, drive patrol cars, write tickets and handcuff suspects.last_img read more