Word: return
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Dates: during 2010-2019
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...admits he cheats on his taxes. He says he only submits tax invoices for roughly half of what he sells - about $17,000 of the $34,000 he takes in every year - and pockets the 19% sales tax he collects on the rest. When he files his income tax return, he declares only the revenue for which he has issued receipts. The system works because further up the chain his suppliers only declare half of what they sell him, and further up still, someone brings many of the goods into the country without paying the full customs duties...
...economists who predicted the global financial crisis, and his colleague Arnab Das argued in a Feb. 3 opinion piece for the Financial Times that unless Europe works out some formal rules to deal with individual states' problems, "doubts about EMU [Economic and Monetary Union] sustainability will return in every downturn. Sooner or later these doubts will be validated." (See pictures of the global financial crisis...
...handful of families and businesses that control the wealth of Haiti to begin paying appropriate taxes? Does this mean Haitian leaders will direct foreign aid to health care facilities, water and sewage systems, education, job training and proper building construction? Or after this acute crisis has passed, will Haiti return to baseline poverty? The ethics of those who run this little country must change or be coerced to change...
...fighting for a fairer share of the revenues from their land, and are also angry about the pollution caused by oil spills - was a central thrust of Yar'Adua's early presidency. Six months ago, Yar'Adua persuaded the rebels to agree to a ceasefire and mass disarmament in return for an amnesty, a small monthly stipend, a 10% cut of all oil revenues and promises of large-scale development. (See pictures of the two sides of Nigeria...
...last November the president, a chain smoker who has been ill for years, left for Saudi for treatment for a heart condition from where he is yet to return, and the peace process - and all Nigeria - were left in limbo. In December, the main rebel group, the Movement for the Emancipation of the Niger Delta (MEND), announced it had lost patience with the delay and re-started its campaign of attacks on pipelines and installations and kidnappings of Western oil workers. A few thousand gunmen with a thing for shades, bandoliers and fast boats had the global price of crude...