Laws

Philippines levies 12% VAT tax on digital services by Amazon, Netflix and Disney
World

Philippines levies 12% VAT tax on digital services by Amazon, Netflix and Disney

Chesnot | Getty Images News | Getty Images The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the playing field with domestic brick and mortar players, the internal revenue agency said on Thursday. President Ferdinand Marcos Jr signed into law on Wednesday the imposition of VAT on non-resident digital service providers […]

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Singapore’s disgraced former transport minister jailed for 12 months in landmark case
World

Singapore’s disgraced former transport minister jailed for 12 months in landmark case

Former transport minister S. Iswaran walks as he appears at the Supreme Court in Singapore October 3, 2024. Edgar Su | Reuters A Singapore court on Thursday sentenced a former minister to 12 months in prison for obstructing justice and receiving more than $300,000 worth of gifts, in the first jailing of an ex-cabinet member […]

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‘Make them riot’ — Trump election case judge unseals special counsel motion on immunity
World

‘Make them riot’ — Trump election case judge unseals special counsel motion on immunity

Republican presidential nominee and former U.S. President Donald Trump makes a campaign stop at manufacturer FALK Production in Walker, Michigan, U.S. September 27, 2024.  Brian Snyder | Reuters A federal judge on Wednesday unsealed a motion by Special Counsel Jack Smith detailing evidence against former President Donald Trump in his criminal election interference case in […]

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Appeals court greenlights betting on congressional elections
Politics

Appeals court greenlights betting on congressional elections

The U.S. Capitol building is seen bellow a stormy sky on July 22, 2024 in Washington, DC.  Samuel Corum | Getty Images A federal appeals court in Washington, D.C., cleared the way Wednesday for Americans to bet on the outcome of the 2024 congressional elections. The appeals court in a decision rejected an effort by […]

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Ireland reveals how it plans to spend ‘transformational’  billion Apple tax windfall
World

Ireland reveals how it plans to spend ‘transformational’ $14 billion Apple tax windfall

Pedestrians on Anne Street South in Dublin, Ireland, on Thursday, March 28, 2024. Bloomberg | Bloomberg | Getty Images Ireland’s government on Tuesday outlined how it intends to spend 13 billion euros ($14.4 billion) in Apple back taxes — a windfall that Dublin actually spent several years fighting to avoid. In a bumper pre-election budget […]

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Eric Adams arrives for arraignment on federal corruption charges
Politics

Eric Adams arrives for arraignment on federal corruption charges

New York City Mayor Eric Adams arrived in federal court in Manhattan on Friday morning for his arraignment on criminal charges of receiving illegal campaign donations and undisclosed luxury travel gifts while doing favors for Turkey’s government and Turkish businessmen. Adams, 64, was charged in a five-count indictment unsealed Thursday alleging conspiracy, bribery, wire fraud, […]

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Eric Adams federal probe hones in on little-known Turkish businessman
Politics

Eric Adams federal probe hones in on little-known Turkish businessman

Federal prosecutors have honed in on ties between New York City Mayor Eric Adams and little-known Turkish businessman Enver Yucel, CNBC has learned from the indictment and other public records, including campaign finance documents. A federal indictment unsealed on Thursday describes a 2021 campaign fundraising scheme involving Adams, his team and a person only identified in the […]

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Trump ally Matt Gaetz says House Ethics panel issued subpoena for him in sex, drug probe
Politics

Trump ally Matt Gaetz says House Ethics panel issued subpoena for him in sex, drug probe

Rep. Matt Gaetz, R-Fla., leaves the U.S. Capitol after the House voted on the Spending Reduction and Border Security Act, Sept. 29, 2023. The measure failed to pass. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Matt Gaetz said Thursday that he has learned the House Ethics Committee will subpoena him as it […]

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Conservative outlet Newsmax settles with Smartmatic in 2020 election defamation case
Politics

Conservative outlet Newsmax settles with Smartmatic in 2020 election defamation case

News anchors work at Newsmax’s booth during the second day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, July 16, 2024. Patrick T. Fallon | Afp | Getty Images A settlement has been reached in a defamation lawsuit pitting an electronic voting machine manufacturer targeted by allies of former President […]

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Rudy Giuliani disbarred in D.C. over Trump election lies
Politics

Rudy Giuliani disbarred in D.C. over Trump election lies

Former mayor of New York City and former Trump lawyer Rudy Giuliani reacts at the Nassau Veterans Memorial Coliseum during a rally held by Republican presidential nominees and former U.S. President Donald Trump, in Uniondale, New York, U.S., September 18, 2024.  Brendan Mcdermid | Reuters Former New York City Mayor Rudy Giuliani is officially disbarred […]

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