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VW to cover additional owner taxes on some cars

2015-11-07 17:53:50| Auto Dealers - Topix.net

Volkswagen AG told European Union finance ministers on Friday that the German car maker would foot the bill for additional taxes due on a number of cars affected by the company's emissions cheating, a move that could set a precedent for U.S. regulators and car dealers who want VW to make their customers whole in the wake of the emissions scandal. In its latest disclosure in the widening emissions crisis, Volkswagen said earlier this week that it understated greenhouse gas emissions and fuel consumption on around 800,000 cars, mostly in Europe.

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VW says will cover extra CO2 and fuel usage taxes paid by EU drivers

2015-11-06 21:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Volkswagen has said it will foot the bill for extra taxes incurred by drivers after it admitted understating the carbon dioxide emissions of about 800,000 cars in Europe. In a letter to European Union finance ministers on Friday, seen by Reuters, Matthias Müller, the VW chief executive, asked member states to charge the carmaker rather than motorists for any additional taxes relating to fuel usage or CO2 emissions. The initial emissions scandal, which erupted in September when Volkswagen...

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Realtors' fees, property transfer taxes drive up real estate prices

2015-10-27 09:02:08| Real Estate - Topix.net

Peter Ladner: Soaring housing ownership costs skews this city to wealthy investors and retired homeowners and guts the city of its vibrancy. Photo Dan Toulgoet Peter Ladner: Soaring housing ownership costs skews this city to wealthy investors and retired homeowners and guts the city of its vibrancy.

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Domestic beer, soft drinks sales rise after Denmark cuts taxes - figures

2015-10-24 10:45:00| Daily beverage news and comment - from just-drinks.com

The Danish government's decision to reduce beer excise duty two years ago, coupled with the halving and subsequent repealing last year a special tax on soft drinks, has boosted local sales in the sectors.

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Taxes: Starbucks in the firing line

2015-10-21 14:54:28| IT Services - Topix.net

Starbucks and a Fiat Chrysler Automobiles NV unit must each pay as much as 30 million euros in back taxes after the European Union said they were handed illegal fiscal deals by The Netherlands and Luxembourg. The coffee company and the Italian carmaker are the first two companies facing repayment orders as EU regulators seek to clamp down on tax-dodging multinationals.

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