Dutch metal scheme PMT demands equal treatment on Swedish tax

first_imgThe ECJ will now consider PMT’s case against Swedish tax authorities after the Dutch scheme lost an appeal in a lower Swedish court.The Solicitor General of the European Court, however, has argued that the different tax treatment is justifiable. He said that, although the free movement of capital within the EU means a foreign shareholder must be treated equally to a local one, if a non-resident pension fund’s position is incomparable with that of a local scheme, a different treatment is allowed.He also pointed out that Sweden levies tax on a scheme’s total assets against projected returns to avoid affecting investment decisions through tax policy, as well as to keep tax revenues independent from the broader economy. PMT, the €60bn pension fund for the Dutch metal industry, has taken Sweden’s Inland Revenue to the European Court of Justice (ECJ) to demand equal tax treatment with Swedish pension funds.The Dutch scheme was forced to pay a 15% dividend tax on the €50m of Swedish equities it owned between 2002 and 2006 – a levy for which Swedish pension funds are exempt.PMT argues that national governments, as a matter of principle, should adjust their tax laws to create a level playing field between local pension funds and foreign schemes and demands a full refund. The scheme cited success in “similar cases” in Spain and Poland, where it managed to claw back more than €1.5m in paid taxes. read more

Robert E. Middendorf

first_imgRobet E. Middendorf, 94, passed away on Saturday, October 26, 2019 at Our Hospice in Columbus.Born, November 7, 1924 in Decatur County, he was the son of Henry J. and Rose (Peters) Middendorf.Bob graduated from Greensburg High School in 1943.  He joined the Army and served during WWII from 1946 to 1947.  Bob managed the Sherwin-Williams Paint Store in Greensburg for 28 years.Bob was a member of the American Legion Post 129 in Greensburg and was a Past President of the Lions Club.  He was a member of St. Catherine of Siena Catholic Church in St. Maurice.Bob married L’Jean R. Darling on May 1, 1948 and she preceded him in death on November 22, 2007.Robert is survived by one son; David P. Middendorf, Louisville, TN, two daughters; Nancy Middendorf, Greensburg, Suzanne (Joseph) Arruda, Pittsburgh, KS, two grandsons; Michael (Emily) Arruda, Minnesota, James (Elizabeth) Arruda, Georgia, two great-granddaughters; Kierra and Krista Arruda, and his beloved cat; George.He was preceded in death by his parents, wife; L’Jean Middendorf, one son; Michael Joseph Middendorf, and two brothers; John Albert and Ray Middendorf.Visitation will be held from 4-7:00 p.m. Wednesday, October 30, 2019 at Porter-Oliger-Pearson Funeral Home in Greensburg with a rosary service starting at 3:30 p.m.A Funeral Mass will be held at 10:00 a.m. on Thursday, October 31, 2019 at St. Catherine of Siena Catholic Church in St. Maurice with Rev. Bill Ehalt officiating.Burial and military graveside rites will follow at St. Mary’s Catholic Cemetery in Greensburg.Memorials can be made in Bob’s honor to St. Catherine of Siena building fund, Our Hospice, or Alzheimer’s Association.Online condolences can be made at www.popfuneralhome.comlast_img read more

Coleman makes big plays at both ends of floor in Syracuse’s win over Villanova

first_img Published on January 12, 2013 at 7:36 pm Contact Ryne: [email protected] A quick glance at the box score and DaJuan Coleman only scored six points in 15 minutes of action. But the freshman center’s contributions in the paint came at crucial points during Syracuse’s 72-61 win over Villanova on Saturday.His first bucket of the second half, a strong move finished on the left side of the glass, gave SU a six-point lead with 13:09 left. His second came after the Wildcats closed to within one point, an emphatic slam off an up-and-under move that led to an ovation from the Carrier Dome crowd when he checked out 21 seconds later.“I thought DaJuan made a couple good plays,” SU head coach Jim Boeheim said. “We got him the ball in position and he made a couple good plays out there for us which I think was good.”Coleman was decisive underneath on his two scoring chances, a contrast to his hesitant play early in the season. And he also brought a physical presence in SU’s zone, leading Boeheim to say he was more “engaged “ on the defensive end. Coleman grabbed two rebounds and added a steal in his limited minutes.Coleman said he’s focused on making strong moves to the basket, especially as SU continues conference play against tough opponents. And he accomplished that Saturday with his strong play offensively.AdvertisementThis is placeholder text“This is Big East play, you ain’t going to get the fouls so just go strong to the basket,” Coleman said. “That’s what I did.”And when he wasn’t on the court, Coleman remained intent on the game watching from the bench.He was emotional running down the court after his first basket gave SU some breathing room. And he released more excitement heading to the bench with Syracuse still holding onto its three-point lead.Minutes later, after Trevor Cooney’s 3-pointer put the Orange up by 14 to seal the win, he was the first to jump off the bench.“I just try to bring energy and anything I can do to get the team pumped up” Coleman said. “Because when you get the team pumped up, everybody’s scoring everybody’s involved, the crowd’s involved and it kind of shifted our way so that’s what I tried to do.“That’s the player I’m trying to be.” Comments Facebook Twitter Google+last_img read more

Making time for history on an Ohio Century Farm

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Matt ReeseGrandkids interested in a treasure hunt, a grim prostate cancer diagnosis and a farmer with a long family history on the land — in 2016 it was time.Though he had been putting it off for years because there was always something more pressing, Rick Crawford finally decided that it was time to plod up the steps of the deteriorating old house on his family’s Adams County farm to investigate the old trunks filled with unknown farm history from generations gone by. They discovered the old house was full of critters and family memories.“To the best of my knowledge when Robert Richard — my great-great grandfather — moved here in 1875, that old log cabin was already here. When I was 7, my great grandfather died in 1960 and he was the last family member to live there. After that we rented it out. I was in and out of it after that when we were renting it, but I don’t think the tenants ever went upstairs. After they moved out, it just sat there and deteriorated. I knew there were things we probably should get out of there,” Rick said. “I always wondered what was in those trunks upstairs. I thought, ‘If I don’t do it, maybe nobody ever will.’”It was a fairly mild winter day and the Crawford grandchildren were really increasing the pressure to go explore the old house to search for treasures, so they did. That day, three living generations got a glimpse into the previous four generations of ancestors who farmed the land before them.“As we dug through it, it was interesting to see the history we were finding. We found the original paper with a wax seal on it from Samuel Crawford, who was the first family member we know about in Ohio. He came from Ireland to the U.S. in 1817, spent some time in Pennsylvania and Virginia and then came down the Ohio River to Adams County in 1825. He would have been my great-great-great grandfather. He was granted citizenship by one of the judges here in the County. We found letters from the Civil War, Christmas cards, bills, receipts, and tax documents — they made something like $500 in a whole year,” Rick said. “The grandkids enjoyed it and I was able to connect names and parcels of property here on the farm and better connect with my ancestors by doing that. I felt a connection I’d never had before. Some letters from the Civil War were still in the original envelopes. You can learn about the Civil War and go to Gettysburg, but this was actually my family members who were involved.”That mild winter day spent in the very old house got Rick started in the process of working to preserve some of the farm’s history through the Ohio Department of Agriculture’s Ohio Historic Family Farms Program.“Having those letters and the original deeds kind of inspired me,” Rick said. “I didn’t realize all of the family we had and this helped me put it all together.”The first known parcel owned by the family was in timber at the time Samuel Crawford’s son Andrew purchased it in 1867, though it appears that the family may have owned adjacent properties even earlier. After this purchase, Andrew bought additional land and raised cattle, hogs, tobacco, wheat and hay.Andrew’s brother Robert Richard had two sons who fought and died in the Civil War, as described in the letters discovered in the old log cabin. Robert Richard had a total of 18 children. He had 12 children with his first wife, who passed away during childbirth with twins in 1860, and six more children with his second wife.Another son of Samuel served as First Lieutenant of Co. D in the Ohio Volunteer Infantry from July 25, 1862 through Oct. 11, 1864. He also purchased property now part of Crawford farms. Elza Mannering Crawford, born in 1873, was the last family member to live in the old log cabin that the Rick remembers as a child. Elza and his son, Albert, pushed for building the road that now runs to the farm to better connect with the outside world.“When the first family members came here there was an old horse and buggy road. You can still see traces of that road on our property. To get to town my great grandfather would ride a horse down through the woods to the Model T and they’d get back in the pitch dark and the horse would know how to get back through the woods in the dark,” Rick said. “They decided to pay for the survey and do the leg work to get a road put in on the high ground and it was first called Ellison Ridge Road. Back in the 60s the county took the road over and they changed it to Crawford Road because my grandfather played such a big part in getting this road here.”Albert’s son, Delbert Wayne Crawford, was Rick’s father.“My dad milked cows when I was young. It was grade C milk and we’d lift the milk cans into a cooler and the milkman would come and get the cans every other day. All the hay then was square bales. It seemed like the weather was better then and we would work four weeks straight baling hay every day in the summer and we can’t do that anymore. It seems like if we get one day of work in every week we are flying any more,” Rick said. “We always raised a little wheat, corn and hay. The corn was always ear picked. My father would tell us about the first tractor, I believe an 8N Ford, and when electricity came in 1948.“As I got near the age of graduating from high school and I wasn’t there to help with the hay, dad bought a round baler. Now we have evolved with the hay and we do it mechanized with an accumulator that goes behind a nearly new square baler and it’s got a preservative applicator and everything on it. Then we pick up 10 bales at a time and if everything is working right, we never touch a bale of hay. We still have a good many round bales we make and we are doing most of it from the seat of a tractor these days.”Today Rick and his son, Sam — there is a Samuel in every generation of Crawfords on the farm — raise around 150 acres of hay that is mostly sold to the local Amish community and they grow just enough corn to feed their stocker cattle and the deer for the hunting business on the farm’s 720 acres that was started to replace tobacco income for the farm. Tobacco was grown all of the years the Crawford family has been on the farm until 2005.“The tobacco companies were wanting bigger producers. We were growing 7 to 11 acres and that could produce 20,000 to 24,000 pounds of tobacco. That requires a lot of labor. I was wanting to downsize and the companies wanted me to raise more,” Crawford said. “We decided to quit raising tobacco and I ran into a guy in town who was leasing out rights for deer hunting. I had never heard of that before then. Now we sell six-day archery hunts and the lodging, up to 10 hunts a year.”Plenty has changed for the Crawford family farm since 1867, but thanks to that winter day in 2016 when Rick and his family took the time to peer into the past, a connection to the farm’s history was re-established.“I was diagnosed with prostate cancer, and I may not be around all that much longer. I don’t feel like I own these deeds. I am just the current caretaker. Nobody owns the property, but the tax bill changes addresses every 20 or 30 years,” Rick said. “As I was researching all of this, I wished I would have done this a few years earlier when my dad was alive. He lived and breathed this farm. He never had a job a day in his life and he was never out of work. I think my dad would have been really interested in this.”In 2016, it was time. And, as it turns out, it was time well spent.Kristy, Sam, Rick and Patty Crawford stand along side of Crawford Road that runs through their farm in Adams County.last_img read more

Ohio industry leaders join together to denounce tariff increase

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Kolt Buchenroth, Zach Parrott and Joel PenhorwoodTariffs Hurt the Heartland — the nationwide grassroots campaign against tariffs — in conjunction with the Council of the Great Lakes Region, hosted a town hall this week in Cleveland at the 2019 Great Lakes Economic Forum.The event featured a discussion with Ohio business owners, manufacturers and farmers on the impact of tariffs on the state’s economy. The conversation came one day after President Trump announced that he will be increasing tariffs substantially this week.The group released the following statement regarding the tweet announcement that tariffs on $200 billion of goods will increase from 10 to 25% on Friday.“For 10 months, Americans have been paying the full cost of the trade war, not China. To be clear, tariffs are taxes that Americans pay, and this sudden increase with little notice will only punish U.S farmers, businesses and consumers,” Tariffs Hurt the Heartland said in the statement. “If the President follows through on this threat, the consequences will be dire. Raising tariffs to 25% could cost nearly one million American jobs, according to recent estimates. This decision will also roil financial markets and increase the likelihood of retaliation on American farmers who are facing the lowest income levels in years.”A recent study by the non-partisan economic research firm the Trade Partnership found that if tariffs are increased to 25% it would result in 29,100 job losses in Ohio.Tadd Nicholson, executive director of the Ohio Corn and Wheat Growers Association, talked with Ohio Ag Net’s Joel Penhorwood following the meeting.Listen to the full interview here Audio Playerhttps://www.ocj.com/wp-content/uploads/2019/05/190507_TaddNicholson_TariffsHurtTheHeartland.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.“Trade has always been a simple thing in agriculture,” Nicholson said during the group conversation. “We know that we can outcompete in production of food in the world. When there is a tariff coming, that means that there is some form of retaliation. The retaliation will quickly affect agricultural products like soybeans, corn and wheat. If the price of soybean plummets, because of a trade war with China, it causes a overproduction of another product like corn, and low profitability of soybean. The impact is compounded. The livestock industry is also affected, because our corn and soybean goes into the feed of livestock animals. “Agriculture needs a win. We are in a depressed economic state. Any benefit we see in the future will come from trades and exports with other countries.”Agriculture isn’t the only industry seeing hard times in part because of tariffs. The motor industry has recently stepped out with their perspective, especially since Ohio, Michigan, and Indiana lead the way for employment in automobile manufacturing.“Twenty percent of employment has grown in the midwest, because of vehicle manufacturing and production has grown, as well as investments from the suppliers,” said Ann Wilson, senior vice president, Government Affairs, Motor, and Equipment Manufacturers Association. “Steel and aluminum tariffs raise the price of domestic steel and aluminum has increased 50% from last year. Most developers are small manufacturers. They have to pay more for their inputs of steel. President Trump has a study on his desk, that has not been made public that could put a 25% tariff on all imported automobile parts. Companies like O’Reilly and NAPA are not investing in the United States, including Ohio, because of the uncertainty whether or not they can make imports. Employment will decrease and consumer prices will increase.”The beverages industry has also seen some troubling results, according to Cleveland Whiskey founder and CEO Tom Lix.“In 2017, 15% of business came from exports to the UK, they were predicted to go up to 20% by 2018. By 2018 there was not a single bottle of Cleveland Whiskey sold in Europe. The tariff causes the prices on the whiskey to be marked up. The tariff caused the whiskey prices to be increased by 50%. Cleveland Whiskey had to fire two employees, because they could not afford to have them,” Lix said. “We buy things from around the world everyday and it is crazy to me that we aren’t encouraging those kinds of trades. The fact that we are manipulating these trade deals and using it as a political tool is absolutely absurd, and it hurts a whole lot of people. Mark my words, the economy won’t stay this good forever. We are making things worse for ourselves.”The group was also joined by Ed Brzytwa, director of international trade for the American Chemistry Council as well as Mark Fisher of the Council of the Great Lakes Region and Farmers for Free Trade co-founder Angela Marshall Hofmann.last_img read more

10 months agoSpain coach Luis Enrique praises Real Madrid midfielder Isco; but also warns…

first_imgSpain coach Luis Enrique praises Real Madrid midfielder Isco; but also warns…by Carlos Volcano10 months agoSend to a friendShare the loveSpain coach Luis Enrique says he remains a fan of Real Madrid midfielder Isco.While he has struggled at club level this season, Enrique has included Isco in every squad he has selected since taking charge.He said, “I like Isco very much. He is a player who in the last World Cup was at a very high level and maybe he was the best player of the national team. “His quality nobody is going to discuss it, but his state of form and minutes of play will indicate the possibilities he has in the national team. “Isco has been selected in all six games and played in most of them. More than my words, you have to look at the facts.” About the authorCarlos VolcanoShare the loveHave your saylast_img read more

10 months agoMan Utd boss Solskjaer ready for ex-teammates media gauntlet: An easy ride?

first_imgMan Utd boss Solskjaer ready for ex-teammates media gauntlet: An easy ride?by Paul Vegas10 months agoSend to a friendShare the loveManchester United caretaker boss Ole Gunnar Solskjaer is ready to run a gauntlet of former teammates in the media.Ex-United stars attacked Jose Mourinho over his negative tactics, his public rows with Paul Pogba and other first-team stars.Solskjaer said: “I won’t get an easy ride. Do you think Gary Neville will ever give anyone an easy ride?“I sat next to Gary for 11 years in the dressing room and he is different class. He is paid to be a pundit now and I think he is fantastic at his job. Gary is unbelievable.“But he has been a manager as well. He was caretaker manager at Valencia, so he knows what position I’m in. He’s been a player, he’s been a manager, and now he’s a great pundit.“There’s also Scholsey, Rio, Keano. They all have strong opinions and are entitled to those opinions. But they know me as a person. They know how I work and how the club works, so they understand the decisions I will make. They understand that results don’t just come with a flick of my fingers.“But for me this job is about getting better performances and getting the team to improve. If the performances improve then the results will come. If not….then we’ll see.“Results have been mixed this season, but the Premier League has changed. When I played here we maybe had one challenger in Arsenal for a period and then Chelsea. Now there are five or six teams challenging, so it is a completely different competition.“I never thought I would be manager here so I’m just going to enjoy these five months and do the best I can. It’s about getting the fans smiling.” About the authorPaul VegasShare the loveHave your saylast_img read more

9 months agoWillian admits ‘I don’t know if Chelsea want me to stay’

first_imgWillian admits ‘I don’t know if Chelsea want me to stay’by Paul Vegas9 months agoSend to a friendShare the loveWillian admits he’s yet to hear from Chelsea about a new contract.The Blues turned down a £50million bid for the forward from Barcelona on Thursday, which would have seen £38m winger Malcom come to London in exchange. While Barca are expected to come in with another bid, Willian pledged his future to the club.The 30-year-old, who has 18 months left on his current deal, said: “My future is here. I have one-and-a-half years on my contract left, and I want to stay until it is finished.“I don’t know if the club want me to sign a new contract, but my focus is here. I would like a new contract. If they want it, I want it. I have been here for five-and-a-half years, won a lot of titles. I am very happy.“To play for Chelsea, you have to put your mind to winning titles every year.” TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

Justise Winslow Turns Pro And Thanks Duke In Heartfelt Instagram Post

first_imgAs expected, Duke freshman forward Justise Winslow is entering the 2015 NBA Draft. He’s the second Blue Devil freshman to declare for the draft, joining big man Jahlil Okafor.Winslow acknowledged the news with an eloquent Instagram post moments ago.  I would like to thank Duke University for allowing me to be a part of such a prestigious institution where I have learned more about myself inside and outside of the classroom than I ever thought I could. I would like to thank the students of Duke University for allowing me to develop my character and be myself without any judgment. You all have made this year extremely entertaining. I would like to thank Coach K and the rest of the coaching staff for helping me become a better player mentally and physically. I would like to thank the entire Duke Basketball Program for accepting me with open arms and caring for me unconditionally. Lastly, I would like to thank my teammates who over the course of this past year have become my best friends, my brothers, and NATIONAL CHAMPIONS. Duke University will forever be in heart and I am proud to say that I am DUKE BLUE DEVIL for life.A photo posted by Justise Winslow (@_rubdi) on Apr 14, 2015 at 1:43pm PDTWinslow is expected to be chosen in the top 10 picks of June’s draft, perhaps even within the top five. The versatile 6-foot-6 Houston, Tex., native averaged 12.6 points, 6.5 rebounds and 2.1 assists in his lone season as a Blue Devil. With Winslow and Okafor both turning pro, attention shifts to freshman point guard Tyus Jones, who has yet to announce his intentions for next season but is a projected first-round pick if he foregoes his eligibility.last_img read more

Lille confirm massive pricetag on head of Arsenal target Nicolas Pepe

first_imgLille sporting director Luis Campos has broken silence over the future of rumoured Arsenal target Nicolas Pepe.Pepe, a 23-year-old pacey Ivorian winger has notched 12 goals and 5 assists across 19 league appearances for Lille.Coach of Premier League outfit Arsenal Unai Emery is having his sights set on attacking additions for the January transfer window and is he is hoping to sign the African dynamo.Speaking in an interview with Telefoot via 101greatgoals, Lille sporting director Luis Campos was unsurprisingly questioned on the future of his side’s star man.‘‘I hope he will stay this winter. We’ll do everything to keep him.’’Premier LeaguePremier League Betting: Match-day 5 Stuart Heath – September 14, 2019 Going into the Premier League’s match-day five with a gap already beginning to form at the top of the league. We will take a…‘‘All the top clubs in the world have their eyes on him, and that’s normal, but the president has been clear.’’‘‘The idea is for him to continue at the club.’’‘‘In contrast, with my experience in football, I would say that if a club arrives with a big number and can convince the player… I would sell him for €80 million.’’‘‘That’s the price tag, but you’d have to convince the player and he’s been a big part of us being in second place.’’last_img read more