Print Previous articleArchitect – peopled streets draw people inNext articleHugh Campbell’s win Irish Artistic Team of the Year 2011 admin Facebook Advertisement A NINETEEN year-old has been refused bail and remanded in custody until later this week after a court heard he is charged with nine alleged breaches of road traffic offences.Thomas Whelan, with an address at Oakview Drive, Ballinacurra, was arrested at 7.55am on July 7 last after gardai found him on St Nessan’s Road, where they allegedly, found him tampering with a car.Sign up for the weekly Limerick Post newsletter Sign Up Solicitor Darrach McCarthy, was assigned for the accused, and Judge Eamon O’Brien refused bail during a brief application hearing.The matter was adjourned until later this week to allow for directions from the DPP to cover all nine matters before the court. NewsLocal NewsCharged and remanded on road traffic offencesBy admin – July 12, 2011 591 Twitter Email WhatsApp Linkedin
Italian pension fund associations have attacked shock plans to raise the tax rate for pension fund investment income from its current level of 11.5% to 20%.The government had already increased the rate from 11% last July, officially as a “temporary” measure, but now intends to hike it up by nearly three-quarters. And pension funds for professional groups (casse di previdenza) will see their tax rate on investment gains go up from 20% to 26%.The new plans are included in the Parliamentary Bill for Italy’s 2015 fiscal Budget, the so-called Stability Law. The draft budgetary decree was agreed by the Cabinet on 15 October, and presented to Parliament on 24 October.The Bill also includes proposals to include employee severance pay – Trattamento di Fine Rapporto (TFR) – in the individual’s annual income, if part of this is paid to them before they actually leave their jobs.Last month, prime minister Matteo Renzi announced that workers could choose to receive severance benefits directly each month rather than being held back until the end of their employment.If they opt to take the cash in this way, it will be taxed at their marginal rate in the year it was received.Marco Abatecola, general secretary at Assofondipensione, the association of collective negotiation-based pension schemes said: “We are opposed to the tax increase because it will reduce future pensions, and it risks creating instability in the system, alienating workers from pension funds.”Assofondipensione has started separate talks with the government and Parliament, and has sent a position paper to the Chamber and Senate finance committee that sets out Assofondipensione’s position and the changes it would like to see in the Stability Law.It will also soon be starting a communication and information campaign to promote the advantages of complementary pension schemes to workers, urging them to enrol in these schemes.Laura Crescentini, technical coordinator at Assoprevidenza, the Italian association for supplementary pension provision, said: “We are against these measures because we have a pure defined contribution system, so the increase will directly affect future pension levels and discourage people from joining pension funds.“Moreover, it would create problems in moving towards an EET system [exempt contributions, exempt investment income and capital gains of the pension institution, taxed benefits], which is used by most countries in the European Union.”Claudio Pinna, head of consulting at Aon Hewitt in Rome, said: “We were very surprised by these changes because they go against all the reforms of the pension system that have been carried out in the recent past. This is no way to incentivise saving by employees.”He added: “They will create a lot of problems. But it is very likely these changes will happen.”Pinna warned that the proposals could lead to an exodus of pension savings out of Italy.“If the changes happen,” he said, “it might be better for Italian employees to transfer their pension provision in Italy to another pension fund operating under the EU cross-border directive, assuming you get the same investment returns in all countries. At present, the obvious host country would be Belgium.”Pinna said there was also a need to clarify when the changes would be implemented, and warned the changes could be enforced retroactively, from 1 January 2014.The government has said the proposals could be reversed if it can find an equivalent source of revenue.But Pinna considers this unlikely.Meanwhile, the same Budget package also includes a tax increase on investment returns of Italian foundations, including foundations of banking origin, whose net assets amounted to €40.9bn as at 31 December 2013.The draft Stability Law 2015 would reduce the amount of exemption on dividends received from 95% to 22.26%, while in contrast, it remains unchanged at 95% for profit-making private entities.It means the tax base on dividends received by foundations rises from 5% to 77.74%.Consequently, the taxation increases by 20 percentage points, with retroactive effect from 1 January 2014.Acri, the Italian association representing foundations of banking origin and savings banks, said the Stability Law would tax foundations of banking origin far more than for-profit private entities and was “incomprehensible to those who want to enhance the role of the voluntary sector”.It said the move could have a grave impact on support for activities already planned.The European Foundation Centre has calculated that the tax burden on foundations of banking origin alone has risen nearly four-fold since the €100m that was levied in 2011, to reach €360m in 2015.
Travis E. Crouch, of Brookville, was born on February 11, 1983 in Oxford, Ohio, the son of Paul E. and Regina A. Brewer Crouch. He worked at Poindexter Excavating in Indianapolis as a union heavy equipment operator, and was a member of the Smyrna Missionary Baptist Church in New Trenton. Travis enjoyed racing radio control cars, was a Colts fan, and loved his pets and his family. On April 3, 2016, at the age of 33, he passed away at his residence. Memorial donations are requested to a charity of choice. To sign the online guestbook or to leave a personal condolence, please visit www.cookrosenberger.com. The staff of Cook Rosenberger Funeral Home is honored to care for the family of Travis Crouch Those surviving who will cherish Travis’ memory include his parents, Paul and Regina Crouch of Brookville; brothers, Kris (April) Crouch of Brookville, and Brian (Brittany Stegall) Crouch of Metamora; maternal grandmother, Wanda Brewer of Olympia, KY; special aunt, Gail Crooks of Olympia, KY; several aunts, uncles, 5 nephews, 2 nieces, and 1 great niece. He was preceded in death by grandparents, Chester and Nellie Crouch; grandfather, Shelby Brewer, and uncles, Tim and Terry Crouch. Friends may visit with the family on Thursday, April 7, 2016 from 4 to 8 p.m. at Cook Rosenberger Funeral Home, 929 Main Street, Brookville. Services, officiated by Pastor Chuck McMahon, will be held at the funeral home on Friday at 11 a.m. Burial will follow in Maple Grove Cemetery.
The health director for Palm Beach County said the large gatherings in the city have been the cause for a spike in coronavirus cases.Dr. Alina Alonso, the health director for Palm Beach County, said there have been some large gatherings in western communities and other parts of Palm Beach County that are contributing to the spread of the virus.“In the areas of the Lake Worth corridor where there is a significant amount of parties resulting from birthdays, weddings, get-together barbecues, whatever you have that brings folks together,” Alonso said. “We see that after these events, we have spikes in the number of cases.”However, Alonso also said that the county’s daily lab positivity rate is going down in Palm Beach County, and she added that’s a sign we’re going in the right direction because it indicates how much virus is in the community.Alonso said masks and social distancing are working to slow the spread of the virus.According to the latest numbers from the Florida Department of Health, there are 34,929 confirmed cases of COVID-19 in Palm Beach County, including 861 deaths.