Alumni, University pledge $50 million to support Corby Hall, Congregation of Holy Cross

first_imgAlumni donors, along with the University, have pledged $50 million to support Notre Dame and the Congregation of Holy Cross, the University announced in a press release Thursday.According to the press release, members of the class of 1979 Mary and Jay Flaherty — the benefactors of Flaherty Hall — will donate $20 million to Notre Dame for the renovations of Corby Hall, as well as “a separate $5 million gift to the Congregation [of Holy Cross] to benefit its aging religious.” The press release said Corby Hall’s name will remain unchanged.The University will supplement the Flahertys’ gift with an additional $10 million to refurbish Corby Hall and will donate $15 million to the Congregation as part of “a long tradition of supporting its founding order,” the press release said. Part of the donation will be put toward general needs, while $5 million will establish an endowment in the University’s Office of Mission Engagement and Church Affairs to “strengthen collaboration between the University and Congregation throughout the world.”Tags: Congregation of the Holy Cross, Corby Hall, donation, Flaherty familylast_img read more

PREMIUMIndonesia to join global quest for digital tax unity

first_imgLinkedin Finance Minister Sri Mulyani Indrawati said on Wednesday that the omnibus bill would contain a mechanism to ensure that digital companies fulfilled their tax obligations without changing existing tax provisions, such as a new requirement on value-added tax.The omnibus bill on taxation is to include a digital tax policy that taxes all digital companies doing business in Indonesia, even if they do not have a physical presence in the country.Speaking during a panel discussion at the Mandiri Investment Forum in Jakarta, the minister explained that the bill needed to address digital taxation because of the significant development of the digital economy and tax laws that had yet to catch up with the new business model.Digital companies like Google, Facebook, Netflix and Spotify were subject  to “fair taxation”, even… Forgot Password ? Log in with your social account LOG INDon’t have an account? Register here Google Topics : Facebook Indonesia taxation omnibus-law digital-company tax-deduction World-Bank Sri-Mulyani-Indrawatilast_img read more