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Carmaker Kia becomes latest global firm to face tax trouble in India
Indian tax authorities have sent a confidential notice to South Korean car maker Kia Motors accusing it of evading millions of dollars in taxes. The amount could be as high as $155m (£125m) and the notice was sent in April last year, according to Reuters.
Exclusive-India accuses Kia of evading taxes of $155 million in VW-like dispute
India has accused South Korea's Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi over tariffs,
Kia accused by India of tax evasion, denies allegations, Reuters reports
South Korea's Kia has been accused by India of evading taxes amounting to $155 million through misclassification of component imports, Reuters reported on Wednesday, citing a government document and two sources.
19h
on MSN
Tax Relief Plan Proposed for Millions of Americans
The proposal, backed by Virginia's Senate and House of Delegates, would grant a one-time rebate of between $200 and $400.
7h
on MSN
IRS workers involved in 2025 tax season can't take buyout until after the taxpayer filing deadline
IRS employees involved in the 2025 tax season will not be allowed to accept a buyout offer from the Trump administration ...
2d
on MSN
Income tax brackets are changing for the 2025 tax year. Here's what Texans should know
Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.
20h
Foreign companies embroiled in tax disputes with India
Foreign companies have often struggled in India due to high tax demands related to duty evasion on imports or levies payable ...
18h
Which 21 places in Ohio have the highest property tax rates?
CLEVELAND, Ohio — Cuyahoga County’s 2024 reappraisal of property taxes means it no longer has the highest tax rate per ...
15h
on MSN
Has the IRS started sending out refunds? What to know about your tax return
Most taxpayers receive refunds and money has already started being issued. There are ways to find out information about the ...
15h
Whitmer's $83.5B spending plan leaves little in the bank — even with tax hikes
State Budget Director Jen Flood presented Gov. Gretchen Whitmer's proposed spending plan that will fund state agencies next ...
2d
on MSN
Elon Musk creates confusion about IRS' Direct File — but the free tax program is still available
Billionaire tech mogul Elon Musk posted on his social media site that he has “deleted” 18F, a government agency that worked ...
16h
on MSN
Would you qualify for Ohio’s proposed child tax credit?
Here’s how Ohioans would qualify: Earn less than $94,000 annually as married couple who file taxes jointly. Married couples ...
1h
on MSN
Small towns are offering millions in tax breaks to land the mega gas station with a cult-like following and the ‘cleanest restrooms in America’
Rural towns have shelled out millions of dollars in tax benefits and other incentives to attract Buc-ee’s gas stations in the ...
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