Indonesia issues more tax incentives for EV sales
By Fransiska Nangoy JAKARTA (Reuters) - Indonesia has announced new incentives to encourage sales of locally produced and imported electric vehicles (EVs), in its latest bid to boost take-up of environment-friendlier cars as well as attract investment to its domestic EV
Bolt’s UK tax tribunal win could prove good news for Uber
By Sam Tobin LONDON (Reuters) - A significant victory for Estonian ride-hailing and food delivery startup Bolt against Britain's tax authority last week could prove to be positive news for its rival Uber. Bolt took on HM Revenue and Customs (HMRC) over
India Finance Minister not considering tax waivers for Tesla
By Nikunj Ohri NEW DELHI (Reuters) - India's finance ministry is not considering any duty waivers for U.S. automaker Tesla Inc, Revenue Secretary Sanjay Malhotra told Reuters on Thursday. Last month, Tesla CEO Elon Musk said Indian Prime Minister Narendra Modi was
Countries agree to extend digital services tax freeze through 2024
By Leigh Thomas in Paris PARIS (Reuters) - With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for at least another year as a global multinationals tax deal to replace them was pushed
India deals blow to online gaming industry with 28% tax
By Nikunj Ohri NEW DELHI (Reuters) - India's government on Tuesday said it would impose a 28% tax on funds that online gaming companies collect from their customers, in a blow to the $1.5 billion industry that has surged in popularity
South Korea plans tax breaks on domestic chip and tech investments
A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration By Choonsik Yoo SEOUL (Reuters) - South Korea said on Tuesday it plans to offer large tax breaks to semiconductor and other
EU gives guarded welcome to U.S. guidance on EV tax credits
A worker prepares an electric ID Buzz van at the booth of German carmaker Volkswagen Commercial Vehicles at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022.