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Economy

Corporate Tax Fell Globally in 2020, OECD Report Says

ATHENS — Corporate taxation fell globally in 2020, continuing a trend which prevails in the last 20 years, although significant differences exist between member-states, the Organization for Economic Cooperation and Development (OECD) said in a report on Wednesday.

The Paris-based organization said the average corporate taxation rate in 109 countries was 20.6 pct in 2020 from 20.7 pct in 2019 and 28 pct in 2000. Nine countries, among them Germany and Bulgaria, lowered their corporate tax rate by 20 percentage points in the 2000-2020 period. In comparison with 2019, corporate taxation eased in seven member-states, led by Belgium (-5 percentage points) and Greenland (-3 percentage points. There was no increase in any member-state.

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ATHENS - While Prime Minister Kyriakos Mitsotakis has brought an accelerating economy to Greece, his government is struggling to hold down soaring food prices that have led many households to switch to cheaper products or cut spending.

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NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

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1 of 2 Abducted Louisiana Children is Found Dead in Mississippi after Their Mother is Killed

JACKSON, Miss. (AP) — A Louisiana woman was found dead in her home Thursday, and her two young daughters were abducted and found hours later in Mississippi — one dead and the other alive, police said.

DUESSELDORF, Germany  — It was a classic N'Golo Kanté performance.

FRANKFURT, Germany  — Two Romelu Lukaku goals were ruled out by video review and Belgium fell to a stunning 1-0 loss to Slovakia in wild Group E at the European Championship on Monday.

TORONTO  — A man and woman were shot to death and a male suspected as the attacker also died Monday at a north Toronto office space near a daycare center and a school, authorities said.

FLUSHING, NY – St. John’s Head Coach Rick Pitino was honored for his outstanding contributions to Panathinaikos B.

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