Latest News for: import tax

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Quashing Volkswagen's $1.4 billion tax bill can be 'catastrophic,' Customs dept says

Hindustan Times 24 Mar 2025
What are anti-dumping duties, imposed by India on 5 Chinese imports? What is the tax demand on Volkswagen about? ... The tax authority also told the Bombay high court in a 78-page rebuttal that Volkswagen ...
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Trump says countries that buy Venezuelan oil will face 25% tariff

Wtop 24 Mar 2025
Trump has labeled April 2 as “LIBERATION DAY” based on his still unclear plans to roll out import taxes to match the rates charged by other countries, as well as fully levy 25% tariffs against Mexico and Canada, the two largest U.S.
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What will Donald Trump's tariffs mean for you? How they could affect your finances

This is Money 24 Mar 2025
This month Trump introduced 25 per cent import taxes on all global steel and aluminium entering the US ... Tariffs are taxes countries apply to products or materials imported into their own country.�.
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Egypt’s NTRA Sets Deadline for Imported Mobile Phone Customs Fees

Egyptian Streets 24 Mar 2025
The regulations stipulate that imported phones are not subject to new taxes; however, owners will be responsible for customs fees if the devices are intended for commercial use rather than personal consumption.
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What will Donald Trump's tariffs mean for you? How they could affect your finances | ...

The Daily Mail 24 Mar 2025
This month Trump introduced 25 per cent import taxes on all global steel and aluminium entering the US ... Tariffs are taxes countries apply to products or materials imported into their own country.
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Starmer and Trump spoke about progress on economic deal on Sunday – No 10

AOL 24 Mar 2025
Meanwhile, Ms Reeves said she does not “recognise” reports ministers may means-test free school meals as part of the cost-cutting drive across Government and insisted the digital services tax was “hugely important”.
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GRA confirms reducing smuggling taxable goods by 95%

The Point 24 Mar 2025
According to him, this development has created more market space for local producers and importers ... He further acknowledged government’s support in driving the GRA’s reform agenda as reforms would increase the tax money.
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Keir Starmer holds talks with Trump amid last-ditch push for trade deal to dodge US ...

The Daily Mail 24 Mar 2025
However, Britain could also be hit as Mr Trump has complained that VAT is unfair - despite being a general sales tax and not focused on imports.
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Would you rather £80 or £100? This is why you need a cash Isa, says ...

This is Money 24 Mar 2025
Protect your pot from tax in the future ... The fact that the personal savings allowance thresholds haven’t budged since they were introduced in April 2016, while income tax thresholds have been frozen since 2021, emphasises the importance of this.
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Starmer and Trump discuss trade deal in late-night call

AOL 24 Mar 2025
However, the Chancellor told broadcasters on Monday that the tax was “hugely important”, adding. “We will continue to make sure that businesses pay their fair share of tax, including businesses in the digital sector”.
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When to file your Spanish tax return in 2025: All the dates and what's new this year

Spanish News Today 24 Mar 2025
Who needs to file and Income Tax Return? ... Filing tax returns in Spain, especially for the first time, can be a really daunting prospect and it’s important to get it right to make sure you’re not stung by unexpected tax bills.
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They Are High & Block Trade, But They Aren’t Tariffs

The Times of India 24 Mar 2025
... tax you pay.” But if a country heavily relies on non-tariff measures, the cost or difficulty of imports into the country can change depending on how strict or lenient its authorities are case-by-case.
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Sir Keir Starmer and Donald Trump discuss UK-US trade deal in late-night phone call

The Daily Telegraph 24 Mar 2025
However, the Chancellor told broadcasters on Monday that the tax was “hugely important”, adding. “We will continue to make sure that businesses pay their fair share of tax, including businesses in the digital sector”.
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Here are the countries, auto companies most vulnerable to Trump's 'reciprocal' tariffs

Detroit news 24 Mar 2025
India, where combined tax rates on assembled cars exceed 180% — including a 125% tariff on vehicles imported from the United States — exported about $264 million worth of mounted brake linings to the ...
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Larry Summers blasts ‘ludicrous’ claim by Scott Bessent

CNN 24 Mar 2025
Those import taxes took effect on March 12 ... Even as investors celebrated signs of a more targeted tariff approach, Trump threatened new import taxes on his social media platform, Truth Social.
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