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Tax

Tax latest

German Volkswagen sues India over $1.4B tax bill
February 2nd, 2025 - 09:43 GMT
Reema Tuqan

Reema Tuqan

German Volkswagen sues India over $1.4B tax bill

ALBAWABA – Volkswagen, the German multinational conglomerate known for manufacturing passenger and commercial vehicles, motorcycles, engines, and turbomachinery, has announced that it is suing India over a $1.4 billion tax bill. Volkswagen sues India The German automaker has announced it is suing Indian authorities over a $1.4 billion tax bill, according to Reuters. Volkswagen claims that these tax regulations contradict New Delhi's import taxation rules and will significantly affect the ...
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Businesses in Saudi Arabia to pay due taxes or face major fines
August 27th, 2023 - 09:19 GMT

Businesses in Saudi Arabia to pay due taxes or face major fines

UK taxpayers paid hundreds of millions to cover BOE losses
August 21st, 2023 - 01:12 GMT

UK taxpayers paid hundreds of millions to cover BOE losses in July

Jordan’s new cybercrime law may disrupt social media
August 3rd, 2023 - 10:22 GMT

Jordan’s new cybercrime law may disrupt social media

Spain
July 27th, 2023 - 08:18 GMT

Spain to impose tourist tax for historic city

Singapore announces new tax amendments
July 5th, 2023 - 10:58 GMT

Singapore announces new tax amendments

China unveils $72b tax breaks for EVs
June 21st, 2023 - 08:19 GMT

China unveils $72b tax breaks for EVs

Corporate tax in UAE also includes individuals
May 23rd, 2023 - 10:44 GMT

Corporate tax in UAE also includes individuals

UK surplus
February 21st, 2023 - 08:46 GMT

UK tax receipts boost public finances

MENA IMF policy
February 12th, 2023 - 09:05 GMT

MENA region needs to tighten public debt, says IMF

alcohol tax
January 3rd, 2023 - 08:35 GMT
Sally Shakkour

Dubai revokes alcohol tax to buttress tourism

Saudi Arabia capital demand
December 20th, 2022 - 06:16 GMT

Capital demand to boost Saudi banks’ performance

 Jeremy Hunt
October 16th, 2022 - 11:54 GMT

UK Finance Minister Criticizes Liz Truss Tax Cut

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