TaxIncentives

Democrats Target Puerto Rico's Tax Incentives for Crypto Investors

2 days ago

In a significant policy shift, Democratic lawmakers are turning their attention to the controversial tax incentives that Puerto Rico provides to cryptocurrency investors. This move comes as part of a broader effort to reform taxation in the cryptocurrency sector, which has faced scrutiny in recent years due to issues related to revenue loss and economic inequality.

MG Motor's India Joint Venture Pushes for Lower Taxes on Hybrid EVs

3 months ago

In a bold move that underscores the shifting landscape of the automotive industry in India, MG Motor's joint venture in the country is advocating for reduced taxation on hybrid electric vehicles (EVs). This appeal comes at a time when the Indian government is ramping up its push for sustainable transportation solutions, following the burgeoning demand for cleaner alternatives among consumers and manufacturers alike.