Large UK retailers including Tesco, Boots, Marks & Spencer and Next have written to Rachel Reeves to say that a £7 billion increase in annual …
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Tax
LVMH Would Take €800 Million Hit From France’s Planned Tax Hike
While plenty of French companies may be hoping the government’s proposed €8 billion increase in corporate taxes remains a temporary measure, as promised, executives at …
South Africa Will Impose New Tax on Fast Fashion Parcels
Importers of low-value parcels destined for South Africa will soon pay value added tax, the country’s tax authority said, as an interim measure to protect …
Germany Backs Ending EU Tax Break That Helps Shein and Temu Keep Prices Low
Germany supports an overhaul of European Union import taxes which could end an exemption for cheap parcels that has helped online retailers Shein and Temu grab …
Why Fashion Should Have a Plastic Tax
Over the last two weeks, leaders from 175 countries gathered in Ottawa, Canada to hash out the details of a global treaty to end plastic …
The Vampire’s Wife Settles With Tax Authorities, Sidesteps Liquidation
The Vampire’s Wife has reached an agreement to settle its unpaid tax bills with the UK’s tax and customs authority HMRC, which previously called for …
‘Like a poll tax’: Church of England should stop charging couples for weddings, say vicars | Weddings
High fees are putting church weddings beyond the reach of many couples and should be scrapped or set at a nominal amount, according to clergy …
Arnault’s LVMH Faces Renewed Tax Scrutiny After Court Loss
Billionaire Bernard Arnault’s LVMH lost the latest round in its court battle against French tax officials who raided the luxury-goods firm’s Paris headquarters to gather …
Shakira Asserts ‘Full Innocence’ In Scathing Response To $14m Spanish Tax Fraud Case
View gallery Image Credit: KCS Presse / MEGA Shakira isn’t backing down. The “Hips Don’t Lie” songstress, 45, hit back at Spanish authorities on Nov. …
Britain to Re-Introduce Tax Free Shopping for Overseas Visitors
Britain will bring back sales tax free shopping for overseas visitors to boost the country’s flagging retail sector, finance minister Kwasi Kwarteng said on Friday. …
Biden Signs $430 Billion Climate, Healthcare and Tax Bill
President Joe Biden on Tuesday signed into law a $430 billion bill that is seen as the biggest climate package in US history, designed to …
Kering to Pay 187 Million Euros to Settle Bottega Veneta Tax Dispute
French luxury goods group Kering agreed to pay almost 187 million euros ($207 million) to settle a dispute with Italian tax authorities centred on its …
Tax Extension 2021: If You’ve Flaked On Tax Prep, Here’s What to Know About Getting an Extension
The only nice thing about doing your taxes: Unlike work assignments that you’ve put off to the last minute, with your tax return, you can …
Tax Advice: 15 Tax Pros Share the One Mistake They Always See On Tax Returns
Every spring, as we reluctantly cozy up with our old friend Form 1040 and a tumbler of scotch, we are again struck by how stupidly …
Chinese Face of Bulgari, Bally Fined $16.6 Million for Tax Evasion
Actor Deng Lun, 31, was fined 106 million yuan ($16.6 million) for tax evasion following the discovery of irregularities in his reported income in 2019 …
Farfetch Faces Tax Scrutiny in Italy
Images and Article from www.businessoffashion.com. Luxury e-commerce and streetwear giant Farfetch is facing a “review” by Italian tax authorities at one of its subsidiaries in …