Tag: Twan

Moore Stephens Welcomes EC Decision to Maintain …

first_imgzoom International accountant and shipping adviser Moore Stephens has welcomed a decision by the European Commission to keep in place in their current form the guidelines relating to state aid to maritime transport, which include EU tonnage tax regimes. The decision follows an EC review of the guidelines and has been formally communicated to the European Community Shipowners’ Associations (ECSA).Sue Bill, a tax partner with Moore Stephens, says, “This is extremely good news for the shipping industry, both in the UK and elsewhere in the EU, which is facing severe competition from countries such as Singapore. It means they can now rely on a stable tax regime for the foreseeable future.“It is understood that there are some outstanding issues relating to the guidelines which are still to be clarified. But it is believed that these are relatively minor points, and should not dilute the satisfactory overall conclusion of the review, which had generated widespread interest and concern in the shipping industry.”Moore Stephens LLP is noted for a number of industry specialisations and is widely acknowledged as a leading shipping and insurance adviser. Moore Stephens LLP is a member firm of Moore Stephens International Limited, one of the world’s leading accounting and consulting associations, with 624 offices of independent member firms in over 100 countries, employing 21,224 people and generating revenues in 2012 of $2.3 billion.Moore Stephens, October 17, 2013last_img read more

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UN chief welcomes agreement by rival leaders in South Sudan as a

President Salva Kiir, and his rival and former deputy, Riek Machar, reached an agreement in the Sudanese capital Khartoum, which according to reports, includes a ceasefire between government and opposition forces that is due to begin within 72 hours.Previous efforts to end fighting between the rival forces since 2013 around South Sudan have failed, leaving tens of thousands dead, and around four million either internally-displaced or forced to flee to neighbouring countries. The humanitarian crisis has left millions without enough to eat, and led to famine in parts of the country. In a statement issued by his Spokesman, UN chief António Guterres said that Wednesday’s agreement had been signed “at a time when the security situation in parts of South Sudan continues to deteriorate, marked by violations of the Cessation of Hostilities Agreement of December 2017, with killings of civilians and other atrocities.”“He therefore, welcomes the Parties renewed commitment to redouble their efforts in the interest of peace,” the statement continued.Mr. Guterres also commended the continuing efforts of the so-called High Level Revitalization Forum which first met in December last year, under the auspices of the African regional development forum, known as IGAD. Together with the UN and the African Union, IGAD has been working for years to facilitate the peace process.“Welcoming the intention of the parties to continue negotiations to finalize the IGAD bridging proposals”, the statement from UN Headquarters in New York said, “the Secretary-General urges all parties to demonstrate the political leadership required at this critical juncture of the peace process and engage to reach agreement on the outstanding issues of governance and security arrangements.”The UN chief pledged to support the leadership and the people of South Sudan, read more

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