Tag:

Tax

UK launches tax review to attract high earners

Rachel Reeves will consider tax changes aimed at making the United Kingdom more attractive to high earners, particularly wealthy individuals from Gulf countries affected by geopolitical uncertainty linked to the Iran conflict.

14 Apr 2026-17:15
India raises export duties on diesel, aviation turbine fuel

India has further raised a windfall tax on exports of ‌diesel and aviation turbine fuel it imposed last month to ensure adequate domestic supply.

11 Apr 2026-19:08
EU calls for windfall tax on energy firms due to Mideast tensions

Spain, Germany, Italy, Austria, and Portugal have officially urged the European Commission to implement a unified windfall tax on energy companies, citing the surge in oil prices due to the ongoing war in Iran.

04 Apr 2026-14:55
Poland to tax Google, Meta, Apple, and Amazon

Poland’s government will begin drafting a digital services tax bill, Deputy Prime Minister and Digitalisation Minister Krzysztof Gawkowski announced Tuesday, a move that could spark tension with the United States.

24 Mar 2026-21:33
Barcelona doubles tourism tax to tackle housing crisis

Barcelona will charge tourists up to €15 per night after authorities approved a sharp increase in the city’s tourism tax, making it one of the highest in Europe.

26 Feb 2026-09:25
China's Xiaomi challenges $72M India tariff ruling

Xiaomi has challenged an Indian tax ruling that accused the company of evading $72 million in tariffs on royalty payments, in a case that could have broader implications for India’s contract manufacturing industry.

25 Feb 2026-13:51
Romania plans major public sector job cuts by 2027

Romania’s coalition government has approved a major decree to cut public administration jobs and reduce state spending, aiming to tackle the European Union’s largest budget deficit.

25 Feb 2026-12:35
Mexico offers 30% tax incentive for film, streaming

The Mexican government unveiled a national film support plan, which includes a tax incentive aimed at attracting major audiovisual productions, including international streaming platforms.

16 Feb 2026-21:58
TotalEnergies posts refining losses in France, CEO says

French energy giant TotalEnergies reported losses from its refining activities in France last year, which led the company not to pay corporate tax in the country, CEO Patrick Pouyanne said.

13 Feb 2026-17:13
Tax-free import approved for vintage vehicles in Azerbaijan

Azerbaijan has approved tax exemptions for the import of vintage vehicles, removing VAT, excise tax and customs duties under newly adopted legislative amendments.

13 Feb 2026-13:00

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