tax

Ukraine’s Parliament Approves Biggest Tax Increase of War to Support the Army

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The Ukrainian Parliament voted on Thursday to approve its biggest tax hike since Russia’s full-scale invasion began more than two years ago, resorting to a politically unpopular move to raise funds for its grueling war effort. The bill increases a tax on personal income that raises money for military expenditures, raising the rate to 5 […]

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US House passes bill targeting China that would limit EV tax credits

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A group of automakers says the bill makes fewer vehicles eligible for the tax credits. The United States House of Representatives has narrowly voted to approve legislation to tighten rules limiting Chinese content in vehicles qualifying for US electric vehicle (EV) tax credits. The House voted on Thursday 217 to 192 to approve the bill,

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Spanish prosecutors accuse Real Madrid manager Carlo Ancelotti of tax fraud

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Prosecutors have called for a prison sentence of four years and nine months for the manager for failing to declare earnings of 1 million euros. Spanish prosecutors have called for Real Madrid coach Carlo Ancelotti to be jailed for four years and nine months for allegedly failing to declare earnings to the tax office. Prosecutors

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