In Lonestar Million-dollar Tax Evasion Appeal

first_imgThe Tax Court on Wednesday, January 15, reserved judgment in a US$19.197 million case against Lonestar Communications Corporation, (LSCC), one of the leading GSM Companies in the country.The case involved tax fraud—alleged against LSCC —following a re-audit and a re-assessment of Lonestar’s tax record, by the Finance Ministry. The Ministry had conducted a re-audit and a re-assessment of Lonestar’s tax record, alleging new discoveries of unreported income, indistinct expenses and unclear interconnectivity that led the Ministry of Finance to compute and claim a deficit (shortage) in the company’s past payment into government revenue, to the tune of US$19,197,903.44.Lonestar protested and filed an appeal to the Board of Tax Appeals.In its complaint to the Board of Tax Appeals, Lonestar argued that the Finance Ministry was wrong to assess said payment, based on an audited report and its re-assessment bill for “additional taxes, penalty, and interest for the taxable re-audited period 2007 to 2011.”The corporation further argued that it had already paid its taxes for the period 2007 to 2011 for which the Ministry had issued it a tax- clearance.Lonestar argued further there was no justification (excuse, good reason) for carrying out an additional re-assessment of the taxable period already assessed.The Board’s intervention left Lonestar no better off, considering the amount the Ministry of Finance had re-assessed the nation’s leading cell-network provider. The Board gave Lonestar 30 days to commence working with the Ministry, to determine the tax-basis for the new-found documents and the difference they represent.The Board also declared that if Lonestar failed to cooperate with the Ministry within a 30-days period, the previous determination of the Ministry’s 19 million wound be binding and enforceable against the company.It was in view of that ruling, that Lonestar had prayed the Tax Court for a “Judicial Review” of the Board’s decision.After lawyers representing the two parties on Wednesday rested from presentations of oral and documentary evidence, Presiding Judge, Mozart Chesson, announced he would reserve judgment.He told lawyers representing the two parties (Government and Lonestar) that through a notice-of-assignment, the Court would provide the date for final ruling in the case.The company had complained of the Ministry of Finance and the Tax Appeals Board, praying the Court to review the Board’s leaning.(With an assist from Keith Neville A. Best, Esq.)Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

MESSENGERS OF PEACE

first_imgYoung people, especially those with opportunities to travel out of the shores of Liberia, are in despair because of the level of our social development when compared to that of other European and countries in the Western hemisphere. During a recent dialogue among peace messengers on our basic rights to social services, we noticed that most young people attributed rights to social services to include access to telecommunication, social media and the good things of life.My generation is thrown off their basic social rights by the good things of other developed countries and fails to take cognizance of the limitations to social services like their limitation to good job, good water supply and sanitation, electricity, good access roads, basic housing for all, food security, quality health care and education. We have not even began to contemplate the issues associated to environmental pollution of our beaches, soil erosion, land degradation and climate change to mention a fewLast week, the IMF ranked Liberia 181 of 184 countries with the lowest and poorest economy of the world today. A Governance Commission report released recently at a Monrovia function said the lack of effective human capital has consistently served as a major impediment to the growth of the country’s economy and its overall output.The report also noted that for Liberia to achieve its middle income target by 2030, it requires putting systems in place that are reflective of the actual needs of the various sectors. “The economies must be fused effectively to address the core problems at the center of Liberia’s under-development,” the report indicated.At Messengers of peace, we noticed the logic that undergirds the report centers on corruption, the greed for money and quick fixes, power and control. The fixation of leaders, ministers and people with authority to implement change underpins our rights basic social services. Throughout history, African, particularly Liberians, we have endured various unbalanced political and social systems and if we do not address the core issue, our future to a balance social and political systems would be denied.The Ebola epidemic has brutally exposed the weakness of our social system as well as the limitations of our basic social infrastructure and it would be in our best interest to benefit from the lessons learned. We need to educate our children through the stories and information we provide them with.We are living in a period of capitalism and besides preserving our cultural values and ideology, we should not ask when or where the next meal would be available. We should not ask whether our children would have access to basic education or health care. Given the resources of this country, we should not depend on any nation for support in building our social system or in ensuring the rights of our citizens to basic social services are protected. It is the duty of our Government to provide these services and it’s our prerogative to demand them.Support the “Ebola Educates” Campaign in kind through your stories or with your generous cash donation.Until next week, when we come to you with another article on: “Ebola Educates- The price of peacekeeping”, Peace First, Peace above all else, May Peace prevail on earth.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

President’s Cup Kick-off on Hold

first_imgPhotos of trophies to be presented to winners of the President Cup being put on display.The president of Liberia Football Association (LFA) president Musa Bility, has put on hold kickoff of the inaugural edition of the President’s Cup.The decision from the LFA president was made on Saturday, August 4, after he noticed that things were not properly structured for the commencement of the tournament.“The activities of the organizing committee are hereby placed on hold until further notice,” the release said.According to a release from the LFA,“the decision to place the opening of the 2018 President’s Cup on hold is to make the organizing committee all-encompassing to reflect the aspiration of the public since the tournament is being hosted in honor of the Chief Patron of Sports, President George Manneh Weah.”As was earlier announced, the tournament was expected to kick-off over the weekend, with 32 teams participating in the male category and eight teams in the female category.The tournament that will be hosted annually, is aimed at honoring the Chief Patron of Sports, President George Manneh Weah, for his “numerous achievements and contributions to the country.“The LFA Leadership through its President wants all technical and administrative protocols to be in place and properly structure a successful tournament,” the release said.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

School of the Nations Director expresses dissatisfaction with probe into shooting

first_img7 months later…calls out Police, US Embassy for non-actionSeven months after School of the Nations Director, Dr Brian O’Toole, was shot thrice outside of his home, there is yet to be an arrest.School of the Nations Director, Dr Brian O’TooleIn a statement via the private institution’s Facebook page on Tuesday, the Director expressed dissatisfaction as it relates to the handling of the situation by the Guyana Police Force (GPF) and the United States (US) Embassy in Guyana.In his statement, Dr O’Toole reiterated the fact that no one was arrested for the shooting which left one of his hands paralysed, even though it was widely publicised by both local and international media outlets.“This is now more than seven months since I was shot outside of my home…Time has passed, no one has been arrested, and my hand is still paralysed. There has been so much publicity in several newspapers and radio and TV programmes in more than 10 countries. Surely, many, many persons are tired of ‘my story’. But it is not ‘my’ story, it has become ‘our’ story,” he stated.On this note, the Director further asserted that despite the fact that necessary information was communicated to the relevant authorities, with regards to previous events which may have led to the shooting, that information was not used.“The shooting happened after we expelled a young boy for allegedly selling drugs in schools. All this was shared with the police. The threats made against schools in the capital were also shared with the police and with the American Embassy in Georgetown as these came from a young man in Florida. Again no action. It was reported to us by the Guyana Police that the same Florida youth was interviewed by the FBI and his response that the whole matter was just a ‘joke’ was enough to end any further action.” Dr O’Toole said.Dr O’Toole pointed out that because of the unsatisfactory work done by the authorities, more criminal activities such as this one will be overlooked and this should be a concern for the nation.“It is, therefore ‘our’ story in that an attempted murderer is left on the loose, drugs continue to be peddled in many schools, and children are being intimidated not to come forward to give evidence…. so it is not ‘my’ story but a tragic situation that affects us all. And what has been the response to date, from the police who provide no feedback, the American Embassy who are content to judge vicious threats as a mere ‘joke’, and the media as they move on to another ‘story’,” the Director underscored.On January 27 of this year, Dr O’Toole was shot three times as he was returning to his Bel Air, Georgetown residence, hours after an emergency meeting with parents and guardians about violent threats on social media to injure students and teachers of that school.Earlier this year, Crime Chief Lyndon Alves had told this publication that Police had questioned four persons – both current and former students – in relation to the shooting of the school’s principal.However, subsequent to the incident, there were several threats against the school on Facebook made by “Kira” (meaning killer), which is the alias of the main character in “Death Note” – a Japanese manga series that was later adapted into films.last_img read more

Track makes for wild runs at Vegas

first_imgKahne’s teammate Elliott Sadler was third, followed by former Formula 1 driver Juan Pablo Montoya and Chevrolet’s Jeff Burton. Gilliland qualified 21st on his first lap, but was trying to push for a front-row starting position on his second lap when he spun out and wrecked. As a result, he’ll start Sunday’s race from the back of the field. Others who wrecked included Bobby Labonte, Michael Waltrip, Ken Schrader and Paul Menard. Waltrip and Schrader were among the 10 drivers who failed to qualify for the race, a group that included five Toyotas – two each from Michael Waltrip Racing (Waltrip and David Reutimann) and Team Red Bull (Brian Vickers and A.J. Allmendinger, who has yet to make a race). CLEANING UP There have been two Busch-Cup sweeps so far this season, when the winner of the Busch Series race has gone on to win the Nextel Cup race the next day. So Daytona 500 champ Kevin Harvick was asked Friday morning what the “odds were that someone would sweep this weekend.” “Oh, I don’t know,” Harvick replied. “The janitors do a pretty good job cleaning up.” BUSCH POLE Harvick got the pole for today’s Busch Series race, the Sam’s Town 300, ahead of Stremme, Reed Sorenson and Las Vegas native Kurt Busch. Track officials said the expected crowd of between 100,000 to 110,000 could be the largest in series history. California Speedway’s Nextel Cup race drew roughly 70,000 fans. JUST JUAN QUESTION Sadler and Colombian native Montoya were two of the top qualifiers, so they both visited the media center to answer a few questions. But after hearing his southern Virginia accent amplified on the microphone, Sadler had a question of his own. “Does my accent and Juan’s sound the same up here?” he inquired. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! Kasey Kahne won the pole for the UAW-DaimlerChrysler 400 on Friday afternoon, leading the qualifiers – or survivors – with an average speed of 184.856 mph around the 1.5-mile track. How fast is the track now that officials increased the banking and repaved the surface? Kahne broke his own track record by 10 mph. As an answer to the new track’s speeds, Goodyear engineers brought a rock-hard tire to the race in an attempt to slow the cars. But there’s one problem: the tire is causing all sorts of mayhem. “I will guarantee you that this is definitely the worst Goodyear tire I think I have ever been on in my entire nine years of driving in the Nextel Cup Series,” said driver Tony Stewart, who qualified 25th. “I’ve held my breath for every lap I’ve been here.” Five drivers, including former Inland Empire resident David Gilliland, wrecked their cars during qualifying. That followed nine or 10 incidents during Busch Series practice earlier in the day. “It’s hard to drive,” said David Stremme, who qualified second for Sunday’s race. “It’s so unpredictable when it’s going to come out from underneath you.” Kahne and Stremme led a contingent of strong Dodge Chargers, which took the top four spots and six of the top seven. center_img LAS VEGAS – Go ahead, roll the dice. Spin the roulette wheel, double down, or call someone’s bluff. Making it through Sunday’s NASCAR Nextel Cup race at Las Vegas Motor Speedway will be as much of a gamble as any game on the Strip. last_img read more

Zlatan out for a month, confirms Mourinho

first_imgHe had suffered a cruciate knee ligament injury against Anderlecht in the Europa League and while he was expected to be out for at least a year, the Swede surprised many by returning a few months early.However, he will now be back in the treatment room having been taken off at half-time during the midweek 2-2 draw with Burnley, and wasn’t involved in the 0-0 draw with Southampton on Saturday.After the Saints stalemate, Jose Mourinho said: “It is the same, a massive problem. He is a 37-year-old with a bad knee. Zlatan is one month out.”With Romelu Lukaku also out for some time after being stretchered off on Saturday, United have limited striking options ahead of facing Everton on New Year’s Day.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Manchester United’s Zlatan Ibrahimovic pictured during the club’s Europa League quarter-final first leg against Anderlecht at the Constant Vanden Stock stadium in Brussels on April 13, 2017MANCHESTER, United Kingdom, Dec 31 – Manchester United striker Zlatan Ibrahimovic will be sidelined for a month with a knee injury, manager Jose Mourinho has confirmed.The 36-year-old only just recently returned to action after seven months out.last_img read more

Liverpool-bound Keita hits wonder goal for Leipzig

first_img0Shares0000Leipzig’s midfielder Naby Keita plays the ball during the German first division Bundesliga football match against FC Schalke 04 January 13, 2018 © AFP / ROBERT MICHAELBERLIN, Germany, Jan 13 – Naby Keita showed why Liverpool want to sign him in this transfer window by scoring a superb goal for RB Leipzig in Saturday’s 3-1 Bundesliga win over Schalke.The 22-year-old Guinea midfielder, who already has a contract with Liverpool to join them next season, showed his class with a thunderbolt of a shot to give Leipzig the lead just before half-time. The result lifted Leipzig to second, 13 points behind leaders Bayern Munich who won 3-1 at Bayer Leverkusen on Friday, while Schalke drop to third.Liverpool reportedly want to bring Keita to Merseyside early after losing Philippe Countinho, who signed for Barcelona last week for 160 million euros.However, Leipzig’s director of sport Ralf Rangnick insisted Keita will not leave until the end of the season.“We know that the player will unfortunately leave us in the summer and that he will play with us until the end of the season,” Rangnick told Sky.“That’s all there is to it. Neither the player nor Liverpool have contacted us in this regard.”Jurgen Klopp’s Liverpool are set to pay around 70 million euros for the midfielder, but reports say they would pay an extra 15 million for Keita to join them early.After Leipzig’s Jean-Kevin Augustin had a penalty saved by Schalke goalkeeper Ralf Fahrmann, Keita struck by rifling a shot home off his right boot on 41 minutes.He was taken off after fouling Alessandro Schoepf on 54 minutes — his fifth booking this season which means he is suspended for next Saturday’s game against Freiburg.Schalke drew level on 55 minutes when Brazil defender Naldo headed home, but Leipzig sealed the win with two goals in quick succession as Timo Werner came off the bench to score on 69 minutes after great work from Emil Forsberg.Portugal midfielder Bruma then slammed home a third goal two minutes later as Schalke suffered a first loss in 13 games, a run stretching back to September.– De Jong blunder –Earlier, Nigel de Jong made an unhappy return to the Bundesliga by conceding a first-half penalty as Mainz threw away the lead in a 3-2 defeat at Hanover.The defensive midfielder played for the Netherlands in the 2010 World Cup final defeat by Spain and won the 2012 Premier League title with Manchester City.The 33-year-old, who played for Hamburg between 2006 and 2009, has signed for Mainz until the end of the season.His new club claimed early goals by Japan striker Yoshinori Muto and Alexander Hack.However, after Hanover striker Niclas Fuellkrug made it 2-1 with a header towards the end of the first half, De Jong brought down midfielder Felix Klaus in the area and the referee pointed to the spot.Fuellkrug netted the resulting penalty on 38 minutes, then hit the winning goal 15 minutes from time to complete his hat-trick.The defeat leaves Mainz 15th in the table, just a point above the bottom three, while Hanover climb to 10th.Nigel de Jong, pictured here in 2016, has signed for Bundesliga strugglers Mainz until the end of the season © GETTY IMAGES NORTH AMERICA/AFP/File / Victor DecolongonThere was a happier return for Germany striker Mario Gomez, back at Stuttgart after an eight-year gap, as he helped seal a 1-0 win at home to Hertha Berlin.With time running out, former Bayern forward Gomez was brought down in the area by Hertha’s Niklas Stark.While the German international was appealing for a penalty, the ball looped off Stark’s boot and into the net for the winning own goal on 78 minutes.The result leaves Stuttgart 12th, one place below Hertha, who hit the post through Austria international Valentino Lazaro in the first half.Elsewhere, Augsburg climbed to seventh with a 1-0 win over strugglers Hamburg thanks to a winning header by South Korea international Koo Ja-Cheol.Eintracht Frankfurt blew the chance to jump from ninth to third after French striker Sebastien Haller gave them a lead at home to Freiburg, who equalised through a header by defender Robin Koch in the second half in a 1-1 draw.Werder Bremen and Hoffenheim played out a 1-1 draw as Czech international Theodor Gebre Selassie’s second-half goal for hosts Bremen cancelled out Benjamin Huebner’s first-half header.0Shares0000(Visited 1 times, 1 visits today)last_img read more

Don’t forget we’re the best, Guardiola tells City stars

first_imgInstead, he has told his players to use their form of last year — in which they also set records for most points, wins and goals in the Premier League era — to launch another championship charge.“People say now we have to forget what we did last season. No way,” said Guardiola.“I don’t want to forget what we have done last season. I know exactly what we did to achieve that, and that is where we start from. That’s the basic principle.“Now, when I say something to them, they know exactly what we have to do.”City kick off the league campaign with one ‘title’ already in their trophy cabinet, after last weekend’s comfortable Community Shield victory over Chelsea.Although the competition hardly carries the weight of other trophies, it was an emphatic statement from City that they are ready to continue where they left off last season.“That’s the dream,” Guardiola said. “A win helps to win more. You don’t choose titles and it (Community Shield) was a final and we spoke about that.“They know we work a lot and I have spoken many times with them. I work a lot and I am good on that.“I have said many times I am not a special guy but I am so good at working, working, working a lot and they have to work too.“It is impossible to have the season all the time that is perfect.“We will have bad moments and we will have to work to overcome them because in the end the players react to what the club is, what the manager and the staff are.”– ‘Do our job’ –Despite last season’s stunning achievements, Guardiola was his usual guarded self when talking about City’s prospects for the year ahead, believing as many as five other teams could prevent him from becoming the first manager in a decade to retain the title.“We can do our job, yes, but maybe Liverpool, Arsenal, Tottenham and Chelsea can do their job better and win,” he said.“Forget how much Liverpool have spent because they may have spent a lot, but last season they were a good team as well.“Maybe Tottenham could not spend because of the stadium, but there is Chelsea with Jorginho, Kovacic and Kante in the middle, and Hazard, Willian, Pedro and Morata up front so you cannot say they are not contenders to win.“Or Manchester United. People ask how will they do, but I know a little bit about the manager and in that situation how good they handle that. Arsenal are other contenders too. That’s why it is nice.“But if we do our job, we will be there. We were the best last season, definitely, there is no doubt about it.“We can be excellent, but others can be too – there can be six contenders.”0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Pep Guardiola wants his Manchester City stars to build on last season’s success © AFP / Glyn KIRKMANCHESTER, United Kingdom, Aug 12 – Pep Guardiola insists his Manchester City players should remember their all-conquering form of last season when their title defence kicks off with a testing visit to Arsenal on Sunday.The City manager has rejected the notion that his stars, who won the league title by a record 19 points three months ago, should forget about that glorious campaign and focus only on the months ahead.last_img read more

No news on my QPR future, claims manager Ramsey

first_imgQPR head coach Chris Ramsey says he has received no news about his future at the club beyond this season.Ramsey was promised the job on a long-term basis if he kept the club up after taking over from Harry Redknapp in February.But he does not know his fate if the Rs drop down a division, which is looking increasingly likely with the club second from bottom and still to face trips to Liverpool and Manchester City.“I’ve had no update,” he said. “I’m fighting to stay in the job and the club has been very good to me so far, everything has been good.“Im trying to put that aside and focus on staying up. Im in the job and I’ll be in it as long as long as the club want me.“When you have a challenge like we have you have to make sure you focus on that challenge. I’d be lying if I said I hadn’t thought about it but we need to make sure we put the battle to the forefront of our thinking and make it very difficult for them not to give me the job.“If we stay up it would be difficult for the club not to give me the job.” 1 QPR boss Chris Ramsey last_img read more

DD LOCAL: LETTERMACAWARD COMMUNITY NEWS

first_imgLettermacaward NotesChurch of Ireland Dance  Church of Ireland Lettermacaward are having a fund raising dance in Elliott’s lounge on Sat 9th Feb starting at 9 pm. Come along for a night of good music and craic with family neighbours and friends.* DonegalDaily.com – Beware Cheap ImitationsFollow us on Twitter  – https://twitter.com/DonegalDaily  DD LOCAL: LETTERMACAWARD COMMUNITY NEWS was last modified: February 9th, 2013 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:DD LOCAL: LETTERMACAWARD COMMUNITY NEWSlast_img read more