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Taxes

Paying taxes is considered to be a civic duty, and yet we often hear people moan and groan about these regular deductions - all the more so since not all forms of taxation seem to make economic sense.

And sometimes, it's tax breaks offered to some that others view as a grave injustice, because they themselves do not get the same preferential deal. This page collates recent DW content on the topic.

Don't hold back: say it loud!

Don't hold back: say it loud! 28.06.2022

Money, sex, relationships, career, and more! Every month, a new episode of an honest, inspirational, and exciting podcast brings you stories from guests that will win your heart or at least leave you thinking.

DW Business - America

DW Business - America 22.06.2022

Gas Tax Relief? – Fear of Flying – Odesa’s Beaches
US: Joe Biden calls for fuel tax suspension

US: Joe Biden calls for fuel tax suspension 22.06.2022

The US president says suspending taxes on gasoline won't "reduce all the pain, but it will be a big help." Republican lawmakers and even members of his own Democrats are skeptical.

France: McDonald's to pay out over a billion to settle tax fraud case

France: McDonald's to pay out over a billion to settle tax fraud case 16.06.2022

Fast-food giant McDonald's will pay €1.25 billion to the French state to stop a tax fraud probe, a Paris court says. It is the second-biggest tax settlement in French history.
Fuel stations in Britain accused of pocketing tax reduction

Fuel stations in Britain accused of pocketing tax reduction 16.06.2022

The cost of filling up the family car in the UK is now well above £100, as Russia's war in Ukraine drives fuel prices higher.
Africa could earn billions in unpaid taxes

Africa could earn billions in unpaid taxes 15.06.2022

Tax revenues could make a vital contribution to the development of African countries. But the untapped informal sector, also known as the shadow economy, and inadequate collection of taxes stand in the way.
Austria introduces massive aid package in fight against inflation

Austria introduces massive aid package in fight against inflation 14.06.2022

Under the new measures, all Austrian residents would get one-time payments, and the tax code and benefits would be adjusted to keep in line with inflation. The measures would be in place until at least 2026.
Why single out energy companies for windfall tax?

Why single out energy companies for windfall tax? 09.06.2022

Energy companies are having to pay a one-off tax on their war-fueled profits in many countries. But what about tech firms like Apple and Amazon that benefited massively from pandemic-induced lockdowns not so long ago?

What's the price for changing Poland's 'no' on EU corporate tax plan?

What's the price for changing Poland's 'no' on EU corporate tax plan? 27.05.2022

A deal on a key EU tax reform being held up by Warsaw is set to be inked if the bloc unlocks post-COVID reconstruction funds. But critics fear Brussels could be giving a green light to Poland's democratic backsliding.
G7 finance ministers mobilize almost $20 billion for Ukraine

G7 finance ministers mobilize almost $20 billion for Ukraine 20.05.2022

The Ukrainian government has been unable to collect taxes since Russia's invasion, and now international support aims to prop up its budget.

G7: Germany pledges €1 billion in grants for Ukraine

G7: Germany pledges €1 billion in grants for Ukraine 19.05.2022

The influx of cash aims to support the financing of Ukraine's government, as Russia's war has decimated tax revenue. The grant is part of over €18 billion pledged by G7 finance ministers during their summit in Germany.

New car tariff has Ukrainians returning home 11.05.2022

A long line of cars has built up on the Polish side of the Ukrainian border. People are waiting to waiting to get in with their newly acquired cars. In early April, the Ukrainian government had slashed taxes on importing private cars.

Venezuela curbs hyperinflation as dollar use grows

Venezuela curbs hyperinflation as dollar use grows 10.05.2022

Despite a new 3% tax on foreign currency transactions, Venezuela is experiencing a de facto dollarization of its economy. The adoption of the US currency helped curb hyperinflation, but it's now creating new problems.

Many Ghanaians oppose new tax on e-money 07.05.2022

Amidst widespread criticism, Ghana has introduced a new 1.5% tax on electronic payments – the so-called e-levy. For many Ghanaians already struggling with rising living costs, the tax represents yet another economic burden.

Funding the fight against climate change

Funding the fight against climate change 06.05.2022

Climate change is accelerating faster than expected. The cost of mitigating the damage is soaring and new sources of funding will be needed in the future. Carbon taxes and CO2 certificates could help mobilize the necessary funds.
US: Donald Trump found in contempt for failing to provide business records

US: Donald Trump found in contempt for failing to provide business records 26.04.2022

The former US president has been fined $10,000 per day until he complies with a New York court order to turn over documents as part of an investigation into his business practices.

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