We do find that tax CAMs are associated with a modest increase in tax accrual quality, an increase in the reserve for unrecognized tax benefits, and a reduction in the likelihood of tax-related earnings management. H...
It is noted that the appropriate percentage of list price subject to tax will increase by two percentage points from 2017 and 2018 for cars emitting more than 75g of carbon dioxide per kilometre. According ...
"The sharp increase in electric car sales demonstrates the effectiveness of the incentives offered, but achieving the final 10 percent will require maintaining and possibly enhancing these measures," he added. The 2024 market was dominated by well-known brands, with Tesla leading at 18.9 percent ma...
the firm's resulting pre-tax profit will increase or decrease. Overall, our study shows that intrafirm incentive conflicts can be an important factor in the interplay between tax incidence and economic efficiency, two centra...
Company automobiles, expense allowances and reimbursements may increase productivity, provide job satisfaction and improve the benefit package—things that both employees and employers care about. Tax authorities have something else in mind: ensuring that employees do not receive personal benefits tax-free...
The rule for 2024 requires manufacturers to ensure that at least 22% of new cars sold are zero emission, rising to 80% by 2030 and 100% by 2035. Money latest:Towns with highest council tax revealed Carmakers face a fine of £15,000 for each non zero-emission vehicle sold that exceeds...
"But because they realize they can't pass the whole tariff increase along to the consumer, they are making these investments to reduce costs." Meanwhile, if new car prices rise, more U.S. consumers would likely turn to the used car market, which would drive up prices of second-hand ...
It isn't uncommon to see $7,500 cash-back deals on EVs that don't qualify for the equivalent Federal Electric Car Tax Credit. That said, Kia's $10,000 discount on the 2024 EV9 SUV is unusually generous. For an even greater markdown, check out the 2024 Audi A8 luxury sedan and ...
When reviewing a car allowance policy, the employer must confirm that the employee’s take-home pay can cover their actual expenses, not just the pre-tax amount. But, simply raising the car allowance may not be the most effective solution. While it may increase the employee’s take-home pa...
Although Italy is steadily increasing EV adoption,it still lags behind leading European countries.In 2024, EVs accounted for only 5.6% of the Italian market, totaling 86,224 sales (+3.8%). This marks a slight increase from 2023, reflecting steady growth over the past five years but a lack ...