tax-administration
FinanceJapan’s Cabinet Approves Record Budget, Faces Tough Parliament Fight
FinanceGerman Tax Revenue Rose by 9.0% in November, Finance Ministry Says
Top StoriesGerman Parliament Passes Tax Relief to Offset Inflation
Top StoriesSpain’s Utilities Tax Suffers Defeat in Parliament
German Parliament Passes Tax Relief to Offset Inflation
Date: December 19, 2024
BERLIN (Reuters) – German lawmakers passed a taxation reform on Thursday to combat the burden on households caused by higher inflation, with approval secured by the votes of the former coalition partners and the opposition conservatives. The legislation, set to come into effect at the start of the year, has been pushed through parliament at...
Romanian Government Talks Hampered by Demand for Fiscal Clarity
Date: December 16, 2024
By Luiza Ilie BUCHAREST (Reuters) – One of the four Romanian parties due to join a coalition government demanded clarity over taxation and spending plans on Monday, hampering the talks as the country races to stem the political chaos after the presidential election was annulled. The four pro-European parties reached a firm commitment to form...
German Chancellor Scholz to Ask Parliament to Clear Way for New Elections
Date: December 16, 2024
By Thomas Escritt BERLIN (Reuters) – Chancellor Olaf Scholz will call on Germany’s parliament on Monday to declare it has no confidence in him, taking the first formal step towards securing early elections following his government’s collapse. The departure last month of the neoliberal Free Democrats from the three-way coalition left Scholz’s Social Democrats and...
Greece Backs Higher Tax on Short-Term Rentals, Levy on Cruise Arrivals
Date: December 4, 2024
ATHENS (Reuters) – The Greek parliament on Wednesday approved a bill increasing a daily tax on short-term rental and hotel accommodation and charging cruise ship visitors a levy to cope with the impact of natural disasters on its economy. Due to climate change, Greece is facing an increased number of extreme weather events, such as...
How India Says Volkswagen Evaded $1.4 Billion in Import Taxes
Date: December 3, 2024
NEW DELHI (Reuters) -India has alleged Volkswagen evaded $1.4 billion in taxes by “wilfully” paying lesser import duty on component imports, in one of the biggest cases of its kind in the country that adds to mounting difficulties the German automaker faces. Here is how India taxes automakers on imports and what Volkswagen allegedly did,...
Factbox-How India Says Volkswagen Evaded $1.4 Billion in Import Taxes
Date: December 2, 2024
NEW DELHI (Reuters) – India has alleged Volkswagen evaded $1.4 billion in taxes by “wilfully” paying lesser import duty on component imports, in one of the biggest cases of its kind in the country that adds to mounting difficulties the German automaker faces. Here is how India taxes automakers on imports and what Volkswagen allegedly...