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VAT CLAIM ITALY
Meta, X and LinkedIn appeal unprecedented VAT claim by ItalyU.S. tech giants Meta, X, and LinkedIn are appealing Italy's unprecedented VAT claim, potentially reshaping EU tax policy. Italian authorit...
‘Morbi’ effect: Anand Mahindra shares how Indian ‘bahubali’ businesses can compete with ChinaAnand Mahindra has praised Morbi in Gujarat for its booming ceramic industry. Morbi produces 90% of India's ceramics and 13% of the world's...
Italy extends big tech tax probe to Musk's X social networkWhile the value-added tax claim is a trifling sum for X, a company that generated $3.4 billion in revenue in 2023, the case is significant ...
Paris, Milan become the new favourite shopping destinations for travellers after London's 'Tourist Tax'After Brexit, the UK discontinued tax-free shopping incentives, leading thousands of tourists to redirect their shopping to Paris, Milan, a...
EU Commission examines Italy's tax case against MetaThe EU VAT committee's assessment, the timing of which is unknown, will be non-binding, but a "No" from it could push the ministry and the ...
Booking.com to pay 94 million euros to settle Italian tax disputeProsecutors in the nortwestern Italian port city launched their investigation in 2018 into Booking.com, which is based in the Netherlands, ...
Italy's Meta tax review gets underway in potential test case for tech sectorThe case stemmed from an Italian audit that claimed Meta user registrations could be seen as a taxable transaction as they implied the non-...
Djibouti & Zambia: Victims of Chinese grand strategy in AfricaChinese inroads and grand strategy in Africa may not be as smooth as it seems on the paper when it comes to the future of Beijing’s partner...
Tax ratio similar to Rwanda, but wants to beat China: That’s IndiaAt 16.6%, India’s tax-to-GDP ratio is far less than 34.3% average for OECD members.
These little exporters on online market places are redefining India’s e-commerce revolutionIndia’s ecomm scene is centred on big players like Flipkart and Snapdeal. But a growing bunch of small businesses tells an equally compelli...
Budget 2012: Biscuits should be exempted from VAT line, says FICCIBiscuits are a food product of mass consumption across all economic and geographical groupings across India. It is significant that biscuit...
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If you are going to Bangkok, please carry additional suitcases as you would have lots to goodies to carry back home from this shopper’s par...