Now playing Next Green News US tax credits for electric vehicles spark talk of possible trade war The credits encourage manufacturing in the US but foreign car companies say they are discouraging international trade. 25/08/2022
Now playing Next Germany Germany lowers natural gas tax to ease burden on consumers Many German citizens are struggling with soaring energy costs following Russia’s war on Ukraine. 19/08/2022
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Now playing Next Culture news Tax turbulence: which celebs have fallen afoul of tax authorities? With superstar Shakira accused of an alleged €14.5 million tax fraud, celebrities and their taxes are once again under the spotlight. But which stars have been found guilty of dodging tax? 02/08/2022
Now playing Next Green News Canada’s new ‘luxury tax’ targets supercars, yachts and private jets As of September, Canada’s new ‘luxury tax’ will apply to privately owned high-value vehicles, aircraft and vessels. 01/08/2022
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Now playing Next Money Russia approves crypto tax break to soften Western sanctions blow Lawmakers in the Russian Duma have softened their stance on cryptocurrency and issuers of digital assets as sanctions by the West begin to bite. 29/06/2022
Now playing Next Economy Hungary blocks EU deal on 15% minimum corporate tax Budapest argues the new tax would deal a "low blow" for European competitiveness and put jobs at risk. 17/06/2022
Now playing Next Travel News 'Pollution tax' hits tourists travelling to Barcelona on cruise ships Planning a cruise to Barcelona? You will soon have to pay a brand new ‘pollution tax.’ 07/06/2022
Now playing Next Culture news How European countries are taxing Netflix to invest in cinema As Switzerland looks to approve a law forcing Netflix to invest 4 per cent of its revenue back into Swiss cinema, we look at how other European countries are bolstering their film industries through the streamers. 01/04/2022
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Now playing Next world news 'World must demand the rich pay their fair share', say millionaires "The world – every country in it – must demand the rich pay their fair share," millionaires from the US, UK, Germany, Canada, Denmark, Austria, the Netherlands, Norway, and Iran wrote in an open letter. 20/01/2022
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Now playing Next Tech News What is the global minimum tax deal and what will it mean? In a momentous decision, 130 countries have agreed to set a global minimum on corporate tax at 15 per cent. But what does that mean in practice? 10/10/2021
Now playing Next world news More than 130 countries agree on 15% global minimum corporate tax From 2023, multinational corporations will have to pay taxes in countries where they operate - not just where they have their headquarters. 09/10/2021
Now playing Next Europe News Ireland agrees to set historical minimum corporate tax rate Ireland has agreed to adopt a 15% minimum corporate tax rate after several months of negotiations with the OECD. 05/10/2021
Now playing Next Spain Spain to cut energy taxes amid anger over soaring electricity costs PM Pedro Sánchez said that his government intends to scrap a 7% tax on power generation, among other measures. 14/09/2021
Now playing Next Ireland Macron speaks about global corporate tax rate in visit to Ireland The OECD's global minimum corporate tax rate of 15% and Afghanistan were on the agenda during Emmanuel Macron's visit. 26/08/2021
Now playing Next Europe News US Treasury Secretary Yellen grateful EU paused digital tax plans US Treasury Secretary Janet Yellen has welcomed the European Union's move to pause plans for a bloc-wide digital tax. 13/07/2021