Keywords: Tax


Spain’s plan to tax non-EU property buyers faces parliamentary deadlock

Spain’s controversial proposal to impose a steep tax on non-European Union property buyers has stalled in parliament, reflecting political divisions and the challenges of passing reforms under a minority government. The plan, promoted by Prime Minister Pedro Sánchez, aimed to significantly......

BYD posts steeper‑than‑expected profit drop in Q4 2025

BYD, the world’s largest electric‑vehicle maker, reported a sharper‑than‑expected decline in net profit in the fourth quarter of 2025, as intense price competition and tighter regulations in China have trimmed margins for a third consecutive quarter. The company disclosed the figures on Friday......

Germany considers windfall tax and energy measures amid rising costs

Germany’s ruling coalition is evaluating a series of measures, including a potential windfall tax, to address the sharp rise in energy prices affecting households and businesses. The proposals come as policymakers respond to economic pressure linked to geopolitical tensions in the Middle East. A......

Vietnam cuts fuel prices after suspending environmental tax

Fuel prices in Vietnam have dropped sharply following a government decision to temporarily suspend an environmental tax, in a move aimed at easing the impact of the ongoing global energy crisis. Authorities announced that the tax on gasoline, diesel, and aviation fuel would be reduced to zero for a......

Morocco tax authority sets April 1 deadline for reporting unpaid invoices

The Direction Générale des Impôts has reminded businesses and individuals in Morocco of the obligation to declare unpaid invoices issued in 2025 before April 1, 2026. The requirement applies to companies and self-employed individuals whose annual turnover ranged between 2......

France’s Urssaf recovers €1.5 billion from undeclared work in 2025

France’s social security collection agency, Urssaf, announced that it recovered over €1.5 billion in 2025 by combating undeclared work. The initiative targets workers who do not report income, depriving both themselves and the public system of social contributions. Undeclared work represents......

Türkiye posts $4.9 billion budget deficit in January

Türkiye recorded a central government budget deficit of 214.5 billion Turkish liras ($4.9 billion) in January, according to official data released by the Treasury and Finance Ministry. The ministry reported total budget revenues of 1.42 trillion liras ($32.38 billion) for the month, while expenditures......

India pledges support for steel exporters affected by EU carbon tax

India has announced measures to support its steel industry as exports continue to face challenges from the European Union’s carbon border tax and import quotas. The remarks were made by India’s Steel Secretary, Sandeep Poundrik, at a government event in New Delhi. The announcement follows......

Noureddine Bensouda, a career in the service of the Moroccan state

For more than three decades, his name has been closely associated with the management of Morocco’s public finances. Discreet yet omnipresent within the inner workings of the administration, Noureddine Bensouda has shaped a significant part of the Kingdom’s fiscal and budgetary policies. A......