Equally the other Member States lack those protections as well. If we then come on to our cfc rules, we revamp our cfc rules broadly at the same time we much to a much more territorial system of tax. That slide gives a very broad summary of the old rules and the new rules. I think two key points about the old rules, they contained a quite strong presumption that activity should be in the uk if it could be, if you like. So therefore, there was a tendency for there to be a pull into the uk. If you moved activity from country x to country whyy, there might be a question why hadnt you moved it into the uk or where wasnt it in the uk in the first place. So that impact on foreign to foreign transactions was particularly crucial and prar particularly difficult for many businesses to handle. I think another key difference is the current rules are more proportionate proportionate. Under the old rules, you could in some circumstances have quite a lot of income that would have otherwise been caug
Broadly at the same time we much to a much more territorial system of tax. That slide gives a very broad summary of the old rules and the new rules. I think two key points about the old rules, they contained a quite strong presumption that activity should be in the uk if it could be, if you like. So therefore, there was a tendency for there to be a pull into the uk. If you moved activity from country x to country whyy, there might be a question why hadnt you moved it into the uk or where wasnt it in the uk in the first place. So that impact on foreign to foreign transactions was particularly crucial and prar particularly difficult for many businesses to handle. I think another key difference is the current rules are more proportionate proportionate. Under the old rules, you could in some circumstances have quite a lot of income that would have otherwise been caught by cfc rules and income that you would logically want to catch with cfc rules, you could avoid that be a technique called
Certain information. Yes. But when it comes to priorities, he sets those priorities, not you. Were responsive to the committees priorities. And tell me, when tell me the priority list right now. What is that list . Number one. It is, number one is the production of documents that were requested regarding former officials, and the top of the list was for former secretary clinton. Number two are the interviews of the four Diplomatic Security agents we referenced. Thats not to say that the other requests are forgotten. Thats not it at all. What it is is to say those are the issues those are the items that we have worked most diligently on and we will be. We have good story that we are producing within several days we will begin producing to the committee those beginning of those documents that were requested. Its only been six weeks, roughly, since the initial request. And then a few about a month of the finalization of that. And in between that, weve prepared for hearings that didnt come
A result in jordan has blown out from the u. S. State department roches invasion of ukraine on february 24th essentially sealed the very tense relationship between the us and russia. The secretary of state antony blanket made it plain to his counterpart. Sergey live rav, that the u. S. Wants to see russia back away from. Its all going a battles inside ukrainian territory, and that the u. S. Was prepared to hold russia accountable if it tried to expand its military mission and others. I also make clear to foreign minister leverage that in light of recent statements coming from the kremlin about their plans to proceed with the further annexation of ukrainian territory. Indeed, the Foreign Ministers onwards about replacing a democratically elected ukrainian government, as well as being part of their ongoing plans. Those plans would never be subject. The world will not recognize annexations. We will impose additional significant cost on russia if it moves forward with plants. Also continue
WILMINGTON — Richard Lewis “Lou” Hamlin 81, son of the late Edmund Hamlin and Regina Powers Hamlin, passed away on Monday, December 18, 2023, in Wilmington…