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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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Oman: VAT and Income Tax Law Amendment Under Microscope
July 20th, 2020 - 01:30 GMT

Oman: VAT and Income Tax Law Amendment Under Microscope

Russia to Hike Income Taxes on the Wealthy
June 24th, 2020 - 07:45 GMT

Russia to Hike Income Taxes on the Wealthy

Is Introducing New Taxes the Right Answer to the Economic Crisis?
May 28th, 2020 - 03:00 GMT

Will New Taxes Rescue Us from The Economic Crisis?

India: UAE Residents Are Exempt from Income Tax
February 3rd, 2020 - 01:09 GMT

India: UAE Residents Are Exempt from Income Tax

Vimto Warns of a Sharp Drop in Profits Following UAE and Saudi's Sugar Tax (Shutterstock)
December 24th, 2019 - 09:58 GMT

Vimto Warns of a Sharp Drop in Profits Following UAE and Saudi Sugar Tax

Brands to Start Paying 5 Percent VAT on Facebook ad Services in UAE
December 17th, 2019 - 08:09 GMT

Brands to Start Paying 5 Percent VAT on Facebook ad Services in UAE

UAE: VAT Contributes to 2.2 Percent Budget Surplus in 2018
December 11th, 2019 - 09:45 GMT

UAE: VAT Contributes to 2.2 Percent Budget Surplus in 2018

France Threatens US After Trump's Announcement on Imposing Tariffs on French Goods
December 4th, 2019 - 01:30 GMT

France Threatens US After Trump's Announcement on Imposing Tariffs on French Goods

Egypt to Introduce Taxes on ‘Digital Economy’ Soon
December 2nd, 2019 - 11:00 GMT

Egypt to Introduce Taxes on ‘Digital Economy’ Soon

Britain's Prime Minister Boris Johnson speaks at the annual Confederation of British Industry (CBI) conference in central London, on November 18, 2019. (Ben STANSALL / AFP)
November 19th, 2019 - 11:56 GMT

Election UK: Why Isn't PM Johnson Lowering The Taxes of The Rich?

Income tax exemptions decreased by 20 percent compared with last year.
October 27th, 2019 - 07:30 GMT

Morocco’s Tax Exemptions Down 3 Percent, Total $3 Billion in 2019

The new budget includes new measures that push investment especially reducing the marginal price of the tax on companies
October 24th, 2019 - 06:30 GMT

Morocco to Lower Its Fiscal Deficit to 3.5 Percent

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