Canadian Manufacturing

NOVEMBER 23, 2023

These leaders cited a constantly changing business and economic landscape, disruptive technologies, climate realities and tax changes, as well as complex family dynamics as the drivers of their plans to accelerate the handover of their companies.

Manufacturing 52

Manufacturing 52

SMMT

MARCH 5, 2024

Tackling the triple tax barrier as the market embarks on its busiest month of the year would boost EV demand, cutting carbon emissions and energising the economy. It will deliver a faster and fairer zero emission transition, putting Britain’s EV ambition back in the fast lane.

Manufacturing 145

Manufacturing 145

Canadian Manufacturing

JUNE 30, 2023

billion and revenues from taxes were $9.8 In addressing affordability, she says the province has kept gym memberships PST-free and extended tax exemptions for small businesses. Total revenue is reported to be more than $20 billion, a 20 per cent increase from what was budgeted. Revenues from non-renewable resources were $4.6

Compliance 40

Compliance Manufacturing 40

Canadian Manufacturing

NOVEMBER 4, 2022

OTTAWA — Tech companies are warning businesses could flee Quebec after a pair of court cases paved the way for property tax bills to jump by more than 250 per cent at data centres, medical clinics and even supermarkets. High tax bills could deter more firms from setting up in Quebec, Coleman and Guévin argue.

Artificial Intelligence 52

Artificial Intelligence Form Sourcing Supply Chain 52

CMTC Manufacturing Tech

FEBRUARY 15, 2024

Enacted by Congress in 2021 as part of the National Defense Authorization Act, the Corporate Transparency Act (CTA) aims to mitigate money laundering, tax fraud, and other illicit activities by capturing more information about the ownership of specific entities operating in or accessing the U.S. Is Anyone Exempt from Filing?

Compliance 74

Compliance Form 74

E&T

APRIL 28, 2023

Developers of renewable energy projects in the UK are facing substantial cost inflation and windfall tax exemptions less generous than those given to the oil and gas sector, the report said, which is risking the viability of many renewable projects.

110

110

E&T

DECEMBER 13, 2022

In his Autumn Statement, Chancellor Jeremy Hunt announced that new zero-emission cars will no longer be exempt from vehicle excise duty from April 2025, which was reportedly designed to make the motoring tax system “fairer”.

Automotive 110

Automotive 110

Canadian Manufacturing

APRIL 5, 2024

Kinew’s NDP government, elected last October, is putting together a proposal to try to convince Ottawa to exempt the province from the federally imposed carbon price — called a backstop — that has added to the cost of gasoline, natural gas and other items. “When are the NDP going to share the details of their Manitoba carbon tax?”

Compliance 52

Compliance Manufacturing 52

E&T

NOVEMBER 17, 2022

The chancellor Jeremy Hunt has increased the windfall tax on oil and gas giants from 25 to 35 per cent and given it a two-year extension, so that it will now run until March 2028. A 45 per cent levy on low-carbon electricity generators has also been announced, which is estimated will raise £14bn next year.

Sourcing 81

Sourcing 81

SMMT

MARCH 1, 2024

This would be a fair tax for a fair transition. At the same time, government should treat EVs as essential – not luxury – vehicles and exempt them from “expensive car premium” Vehicle Excise Duty rates due to come into force next year. The need for this measure is clear. But vehicles alone are not the answer.

Automotive 73

Automotive Manufacturing 73

Canadian Manufacturing

NOVEMBER 2, 2023

Both executives noted Bombardier was not exempt from the snarls. billion and adjusted earnings before interest, taxes, depreciation and amortization of more than US$1.13 Martel and chief financial officer Bart Demosky reiterated that supply strains persisted and stressed the need to smooth out kinks in the chain.

Supply Chain 105

Supply Chain Assembly Line Manufacturing 105

E&T

FEBRUARY 20, 2023

As well as modern petrol and diesel cars, electric vehicles will also be exempt from the ULEZ charge, which costs £12.50 Drivers looking for cheaper ways to beat the tax are also struggling. But Erin Baker, Auto Trader’s editorial director, said the scheme was a “drop in the ocean” for lower-income households.

Supply Chain 98

Supply Chain Automotive 98

Canadian Manufacturing

AUGUST 12, 2022

A new tax on yachts, luxury cars and private aircraft designed to hit the super-rich could also cover vehicles meant to help the environment, a tax expert warns. The luxury goods tax, which will come into force on Sept. The federal tax will also cover yachts and boats — including motorboats — worth more than $250,000.

Compliance 40

Compliance Automotive Manufacturing 40

SMMT

FEBRUARY 5, 2024

Temporarily reducing VAT on EVs would partly mirror the tax exemption already offered to consumers on other carbon reduction technologies such as heat pumps. Not only would this cut CO2 by more than five million tonnes during that time 3 , it would mean that the next million EVs could be delivered in just two years.

Manufacturing 145

Manufacturing 145

Automation Mag

DECEMBER 12, 2022

Introduce an “Alberta Made” matching investment tax credit or grant program to assist companies with plant expansion, upgrades, technology adoption, onshoring, re-tooling, improving environmental performance, and exporting. Encouraging investment.

Manufacturing 40

Manufacturing Value chain Supply Chain Electronics 40

Canadian Manufacturing

FEBRUARY 27, 2024

The sector has been lagging on concerns of sluggish loan growth, risks to existing loan portfolios and a range of other headwinds including changes to tax exemptions and capital requirements. and the elimination of a tax deduction on dividend income from Canadian businesses will weigh on results this year, he said.

Compliance 40

Compliance Manufacturing 40

Fabricating & Metal Work

APRIL 22, 2024

Planning with your financial advisor, tax advisor and estate planning attorney both pre and post-transaction will be crucial. How about your tax structure? Are the appropriate estate planning vehicles in place to facilitate and optimize the transfer of wealth to the next generation and strategically use your gift and GST exemptions?

Form 52

Form Manufacturing 52

E&T

OCTOBER 5, 2023

The document states that the EC has found evidence of loans at favourable rates, tax exemptions and components bought very cheaply. The EC has published a notice of initiation , officially kickstarting its investigation into possibly illegal Chinese electric car subsidies.

Automotive 58

Automotive Manufacturing 58

AU Manufacturing

MARCH 2, 2023

The Malinauskas Government reported that it overturned the previous government’s EV tax last month, which would have a charge on every kilometre driven in an EV. “By According to Premier Malinauskas, EVs will be critical in storing and utilising renewable energy.

Manufacturing 52

Manufacturing 52

SMMT

OCTOBER 4, 2023

More specifically, the legislation includes tax credits for income tax withholding, training costs, tax exemptions, and investment credits, as well as allowing local jurisdictions to abate property taxes for EV projects.

Assembly Line 40

Assembly Line Benchmarking Manufacturing 40

AU Manufacturing

MARCH 13, 2023

In addition to pledging that its fleet purchases and leases will be 75 per cent electric by 2025, the Labor government also introduced the Fringe Benefits Tax (FBT) and salary sacrifice.

Freight 52

Freight Logistics Automotive Manufacturing 52

Canadian Manufacturing

MARCH 1, 2024

“If Saskatchewan people stop getting the rebate entirely, Saskatchewan should stop paying the carbon tax entirely,” said Moe. Moe said while the province’s natural gas utility, SaskEnergy, has stopped remitting the federal charge, residents are still paying it on gasoline, diesel, propane and other goods.

Supply Chain 40

Supply Chain Manufacturing 40

AU Manufacturing

SEPTEMBER 30, 2022

If Australia introduced a fringe benefits tax exemption for workplace charging it would help align EV charging with daytime excess solar energy generation.”. “The survey also found that only 10 per cent of respondents charged their vehicles at work indicating there is ample scope for employers to install charging infrastructure.

Manufacturing 77

Manufacturing 77

E&T

DECEMBER 16, 2022

In order to get ahead of the curb, the Onward report recommended exempting green manufacturing firms from business rates, reducing electricity bills for heavy industry and introducing “local content” targets for green technologies.

Manufacturing 98

Manufacturing Automotive Supply Chain Lead Time 98

E&T

MARCH 6, 2023

Meloni cited tax avoidance and even organised crime as reason enough to scale back the programme. Its government is not threatening to vote against the measure but to abstain, which yields rather the same outcome, unless it is granted a crucial exemption that was discarded during the negotiations: e-fuels.

Form 105

Form Automotive 105

Frost & Sullivan Manufacturing

JULY 28, 2023

The Malaysian government pushed new vehicle registrations to March 2023 due to shortages in vehicle inventory and sales tax exemptions in 2022. At the same time, preferential tax deduction schemes will underpin an expansion in EV production hubs as well as production capacity from leading automotive manufacturers in the ASEAN region.

Automotive 52

Automotive Value chain Supply Chain Manufacturing 52

E&T

JANUARY 13, 2023

However, while EVs are attractive in many ways – they are exempt from UK road fund licences until April 2025 in the UK and tax-deductible, for example, as well as being cheaper to run, there are still obstacles to overcome. One obstacle for consumers is the upfront cost of an EV.

Automotive 110

Automotive Agile manufacturing Supply Chain Manufacturing 110

AU Manufacturing

DECEMBER 21, 2022

The number of EVs on Australian roads is set to soar following the Labor government’s recent (July 2022) introduction of the Electric Car Discount Bill , offering a Fringe Benefits Tax (FBT) exemption for specific EV models.

Manufacturing 87

Manufacturing 87

SMMT

OCTOBER 27, 2022

Meanwhile, to encourage uptake, operators must continue to have an economical case to invest in ZEVs and the advantages they bring, including tax benefits and charge exemptions.

Automotive 40

Automotive Manufacturing 40

E&T

FEBRUARY 10, 2023

Alaskans are a prosperous lot (they are exempt from federal taxes and receive an additional annual allowance from the US government), and there are thousands of aircraft owners in Anchorage alone, where parking spots for the planes are as common as supermarkets and fast-food outlets.

Robotics 52

Robotics Robotics 52

E&T

FEBRUARY 2, 2023

“The Budget proposed alignments on duties applicable to imports to support the Make in India and Atmanirbhar Bharat initiatives like customs duty relaxations on camera lens, parts of camera modules, parts for manufacture of open cell of TV panel and some others," said Santosh Dalvi, partner and deputy head of Indirect Tax, KPMG in India. "It

Industry 4.0 58

Industry 4.0 Industry 4.0 Artificial Intelligence Form 58

SMMT

FEBRUARY 29, 2024

Industry urges EV tax breaks to boost demand – with 50% VAT cut most popular incentive for drivers to switch. The automotive industry is calling for the Chancellor to use the upcoming Budget to put the UK’s shift to electric vehicles back in the fast lane, with fair taxes for a fairer transition. UK new BEV market share: 16.6%

Automotive 80

Automotive Manufacturing 80

SMMT

SEPTEMBER 29, 2023

Elsewhere in Europe, where markets equally have a 2035 end of sale date but no mandate, incentives are pulling buyers in through scrappage schemes, fiscal grants, favourable motoring taxes and exemption from luxury car taxes.

Automotive 76

Automotive Manufacturing 76

Plastics News

NOVEMBER 23, 2022

Italy postpones plastic tax My Kickstart is getting a little long, so I'll wrap up with a short-but-important item: Italy's government is, once again, delaying a tax on plastic resin used in single-use products. And our story on that deal didn't quote Kenneth, but it did quote his brother Robert.

Pharmaceutical 134

Pharmaceutical 134

E&T

OCTOBER 20, 2023

The European Commission said it had gathered ‘sufficient evidence’ that the imports posed an economic threat to the bloc, including evidence of loans at favourable rates, tax exemptions and components bought very cheaply.

Supply Chain 52

Supply Chain Automotive Manufacturing 52

Frost & Sullivan Manufacturing

FEBRUARY 6, 2023

With a view to encouraging domestic lithium-ion battery production, lowering electric vehicle (EV) prices, and promoting customer uptake, customs duty exemption has been extended to imports of raw materials, capital goods, and machinery used for the production of lithium-ion batteries for EVs until March 31, 2024.

Automotive 52

Automotive Form Manufacturing 52

E&T

AUGUST 5, 2022

First is to incentivise investment in industrial decarbonisation technologies through capital allowances and tax reliefs by expanding the R&D tax-credit-relief scheme to include green capital expenditure relating to industrial decarbonisation.

Manufacturing 45

Manufacturing Supply Chain Compliance Logistics 45