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Tesla changes battery strategy to seek U.S. tax breaks
© Reuters. A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. REUTERS/Annegret Hilse (Reuters) – Tesla (NASDAQ:) Inc is suspending plans to make battery cells in Germany as it looks at qualify for electric vehicle and battery manufacturing tax breaks in the United States, the Wall […] More
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Thailand considering extension of diesel tax cut, electricity subsidy
© Reuters. A general view shows the Bangchak oil refinery in Bangkok, Thailand, October 3, 2017. REUTERS/Athit Perawongmetha BANGKOK (Reuters) – Thailand’s cabinet will consider extending both an electricity subsidy and an excise tax cut for diesel, in a move to help alleviate impacts of high energy prices and living costs, a deputy prime minister […] More
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Germany ready to implement minimum corporate tax if no EU deal By Reuters
© Reuters. FILE PHOTO: Germany’s Free Democratic Party (FDP) leader and Finance Minister Christian Lindner addresses the media after a coalition committee of SPD, Greens and FDP parties about new package of relief measures to counter rising energy prices at the Chan PRAGUE (Reuters) – Germany is ready to implement a minimum corporate tax through […] More
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CVS expects ‘meaningful’ tax benefit from Signify acquisition By Reuters
© Reuters. FILE PHOTO: CVS Health logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – CVS Health Corp (NYSE:) said on Tuesday it expects “meaningful” tax benefits from its $8 billion purchase of home healthcare services company Signify Health. CVS, which runs pharmacies, pharmacy benefits manager and the […] More
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Explainer-Will Germany introduce a windfall tax on energy firms? By Reuters
2/2 © Reuters. A general view shows pipelines with a gas cooler system in the back at the gas trading company VNG AG in Bad Lauchstaedt, Germany July 28, 2022. REUTERS/Annegret Hilse 2/2 By Riham Alkousaa BERLIN (Reuters) – As rising energy prices and a new gas levy in Germany are expected to triple fuel […] More
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Commodity Live: Windfall tax on oil is up; Export duty up on ATF & diesel | Will it affect fuel prices & OMC stocks?
Commodity Live: Windfall tax on oil is up; Export duty up on ATF & diesel | Will it affect fuel prices & OMC stocks? Source link More
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South Korea presses concerns over U.S. EV tax credit reform By Reuters
© Reuters. FILE PHOTO: An electric vehicle charger is seen in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly WASHINGTON (Reuters) – Korean Deputy Trade Minister Ahn Sung-il raised concerns on Tuesday with the Biden administration over the revamped $7,500 electric vehicle tax credit that makes vehicles assembled outside North America ineligible. Deputy United […] More
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German lawmakers not likely to question Scholz over handling of tax fraud case -source By Reuters
© Reuters. FILE PHOTO: German Chancellor Olaf Scholz answers questions from Hamburg state legislators on his handling of a tax fraud case when he was Hamburg mayor, in Hamburg, Germany, August 19, 2022. REUTERS/Fabian Bimmer BERLIN (Reuters) – German lawmakers are not expected to summon Chancellor Olaf Scholz to testify over his role while Hamburg […] More
