First Brandon National Bank has earned 5-Star rating

first_imgFirst Brandon National Bank, Brandon Vermont has earned a 5-Star rating from BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank rating firm. Five-stars denotes the absolute highest level of banking performance.First Brandon National Bank has earned the coveted 5-star rating for six consecutive quarters. (The award is based on an analysis of current financial data supplied by federal regulators, supplemented by historical data.)“We constantly receive phone calls from people worried about where they are putting their money; and with good reason,” noted Karen Dorway, president of the research firm. “With rouge institutions popping up on the Internet and elsewhere, many falsely claiming to be FDIC insured, it’s important to know there are still principled people running good, solid banks. First Brandon National Bank is one of those banks…a bank you can have confidence in.”First Brandon National Bank has been servicing the needs of its neighbors and friends in Rutland County for 141 years. Established in 1863, it now operates through four conveniently located offices in Brandon, Pittsford, and West Rutland.First Brandon National Bank: “Your 5-Star Community Bank.”last_img read more

Thyestes Chase main feature at Gowran Park

first_imgRule The World has been runner-up in seven of his 11 starts over fences, but has yet to win.The Gigginstown House Stud-owned 9-year-old’s last outing saw him chasing home top-class novice No More Heroes in the Neville Hotels Chase at Leopardstown over Christmas and Morris has booked Jack Kennedy for his return to handicap action.Folsom Blue was third in Leopardstown’s Paddy Power Chase over the Christmas period and is the choice of Gigginstown’s retained rider Bryan Cooper.last_img read more

GBGA dealt ‘one entity’ blow in UK tax challenge

first_img StumbleUpon Liverpool FC in agency dispute over £15m BetVictor sponsorship June 9, 2020 Share Share Mansion orders Playtech sports betting upgrade for casino properties June 5, 2020 EU research agency demands urgent action on loot box consumer safeguards July 29, 2020 Submit Related Articles Maciej SzpunarEuropean Court of Justice Advocate General Maciej Szpunar has dealt a blow to the legal challenge brought by the Gibraltar Betting and Gaming Association (GBGA) against the UK HMRC’s 2014 new tax regime on online gambling duties.Detailing his opinion on GBGA’s ongoing challenge, Szpunar stated that British overseas territory Gibraltar and the UK should be treated as ‘one entity’ with regards to business services. Gibraltar can therefore not exempt betting operators from the UK government’s industry charges or related policies.The GBGA has brought its tax challenge to EU courts, stating that the UK government has breached EU laws relating to businesses being able to provide ‘free movement of services’, one of the four fundamental pillars of EU business policy.Defending its stance, HMRC has stated that GBGA cannot challenge its industry duty as business policy between the UK and Gibraltar is not covered by EU law. Whilst Gibraltar may be an independent state, it is represented within the EU by the UK and can therefore not challenge business policy on ‘free movement of services’.Issuing an opinion note on GBGA’s challenge, Szpunar backs the UK position stating: “I propose that the provisions of the New Tax Regime which are contested in the present case should not be regarded as a restriction on the freedom to provide services, given that they apply without distinction and on a non-discriminatory basis to gambling service providers located in the UK and elsewhere.”Should Szpunar’s opinion be upheld, this will likely cause Gibraltar’s government further concerns following this week’s confirmation by UK PM Theresa May that the United Kingdom would leave the EU Single Market and renegotiate commercial terms with the EU Customs Union.Gibraltar has become a digital and financial services hub for numerous European businesses. At present, the British overseas territory has over 4000 employees working in the online gambling sector as Gibraltar’s largest employer (population 32,000).Should Gibraltar be treated as an entity of the UK, it will face significant challenges in maintaining commercial and competition protections and its registered companies servicing EU member states post the UK’s exit from the Single Market.last_img read more