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taxes

Can India’s Goods and Service Tax Overhaul Offset the Impact of US Tariffs?

India's Goods and Service Tax (GST) Council announced a simplification and reduction in tax slabs on goods…

Britain Is Losing Billions Each Year From the Cancellation of Tax-free Shopping, Campaigners Say

The Association of International Retail wants the U.K. government to create a "world-beating new VAT-free…

Why a Goods and Services Tax Hike Would Shake Up India’s Apparel Sector

The issue of increasing the goods and services tax in India has been rolled over into the new year.

Adidas Headquarters Raided In German Customs and Tax Regulations Probe

The ongoing investigation relates to products imported into Germany between October 2019 and August 2024.

Trump’s Treasury Pick Calms Wall Street’s Nerves

President-elect Donald Trump has chosen hedge fund manager and George Soros protege Scott Bessent to lead the…

Podcast: Trump 2.0’s Impact on Tariffs, Trade and Taxes

What does this next Trump administration portend for apparel, footwear, textiles and retail when it comes to…

What Wall Street Thinks About A Possible Red Sweep

Wall Street has factored in possible GOP control of Congress and the implications on policy in a second Trump…

Trump-Harris Debate Leaves Questions About Candidates’ Fiscal Policies Unanswered

While both Donald Trump and Kamala Harris spoke about tariffs and taxes, the sparring match did little to…

ACT Urges Lawmakers to Ditch Secondhand’s ‘Double-Dipping’ Tax Policy

The coalition said stopping secondhand double taxation is "common sense," and is urging lawmakers to ammend…

Trump Talks Taxes, Inflation and China During RNC Acceptance Speech

Trump accepted his nomination as the Republican presidential nominee in a lengthy speech that touched on…

Selfridges Set for Job Cuts, Citing Freeze on Tax-Free Shopping

In a memo to staff seen by WWD, Selfridges said it plans to cut around 70 jobs in head office due to market…

Geopolitical Tensions Involving Red Sea, China Will Get Resolved According to Retired Admiral

U.S.-China trade won't materially change, Red Sea is temporary and Trump, if re-elected, can't unilaterally…

Bangladesh Garment Makers Praise VAT Relief at Ports

Authorities have waived a 15 percent value-added tax that has increased operational costs for manufacturers…

Yeezy Apparel Racks Up Nearly $1 Million Tax Bill

Kanye West's cult-favorite fashion brand refused to pay taxes in California, resulting in four outstanding…

Ja Morant Sneaker Scrubbed From Nike.com

Nike, which appears to have yanked the gun-waving NBA star's signature shoe, could be on the hook for $530…