Ford drives hike in car production in Romania
5 days ago
The Czech Tax Administration have introduced controls and checks on taxi drivers using the shared-economy platforms Uber, Botl and Liftago, to detect fraud related to non-payment of income tax, value added tax and road tax, as reported by daily E15 on October 23. This will last for months and will cover the past three years.
“We will compare the tax returns of entities with their income, which we are able to obtain through the mobile application of individual services,” said Lukas Hertus from the press department of the General Financial Directorate, as daily cited, adding that penalties for non-payment could run to 20% of the amounts defrauded.
“We know about inspections and we work with the responsible authorities. We prevent drivers from committing fraud by providing them with decent earnings,” said Liftago's Director Ondrej Kratky.
Liftago is a Czech start-up, which created a technology platform to optimize urban transport in the Czech Republic and Slovakia. It works with certified taxi drivers only. In 2018, it increased its turnover by one-third to almost CZK300mn (€11.7mn) last year.
Related Content
Data
Ford drives hike in car production in Romania
Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.
Akbank launches spring syndicated loan renewals season for Turkish banks at better costs
Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers.
Ukraine's birth rate plummets to 300-year low as country’s population collapses
Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-occupied territories). This is the lowest annual figure in recorded history over the last 300 years.
Russia’s $13.4bn current account surplus in March second highest since 2007
Russia posted a $13.4bn current account surplus in March, more than double February’s $5.5bn and the second highest level for a March since 2007.
Automotive sector output in Hungary edges up 1.6% y/y in February
Headline industrial output rose 1.8% in February, increasing for the first month in about a year.
Most Read
-
EU finally boosts defence investment into arms production as Ukraine runs out of ammo
1 month ago
-
The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
1 day ago
-
UK’s Cameron addresses British “lack of seriousness” in Central Asia with five-day tour
1 day ago
-
COLLINGWOOD: Ukraine’s power blackout means a dark future
1 day ago
-
Armenia and Azerbaijan announce first border delimitation deal since the collapse of the USSR
1 day ago
-
Ukraine's birth rate plummets to 300-year low as country’s population collapses
6 days ago
-
Russia’s war economy boosted by rising oil prices
7 days ago
-
Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
6 days ago
-
Iran vs Israel: Who is better equipped for war?
9 days ago
-
Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
5 months ago
-
Russia could pay off its entire external debt tomorrow, in cash
24 days ago
-
Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
28 days ago
-
Albanians campaign on social media to keep bus bridge created in freak accident
1 year ago
-
BRICS announce a blockchain-based payment system to create a common currency
26 days ago
-
UBN: Russia could take the Baltic states in 48 hours
1 month ago