Uzbekistan has proposed a new law requiring bloggers and influencers with over 10,000 followers to pay taxes and follow strict rules on content verification, moderation, and advertising. The draft aims to regulate growing online influence amid rapid internet use growth in the country.
U.S. President Donald Trump announced on Tuesday that he warned Taiwan Semiconductor Manufacturing Company (TSMC) that it would incur a tax penalty of up to 100% if it fails to build its new factories in the United States.
In a stern warning to the automaker, the Indian government told a Mumbai court that quashing Volkswagen's demand to cancel a $1.4 billion tax bill would have "catastrophic consequences" and could encourage companies to withhold information and delay inquiries.
Brazil’s government on Tuesday unveiled a long-promised income tax reform aimed at exempting individuals earning up to 5,000 reais (approximately $881) per month from paying income tax.
A lawyer for an Indian unit of German carmaker Volkswagen, said on Monday the country's $1.4 billion tax demand could become a matter of survival for its business in the country, as it continues to contest the order.
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