Category: Formula One

Andorra / EU / European Commission / Formula One / Income Tax / Liechtenstein / Monaco / OECD / Pierre Moscovici / San Marino / Spain / Switzerland / Tax Haven

Monaco signs up to EU’s tax transparency scheme

Posted On: July 13, 2016

The EU has signed a fiscal transparency agreement with Monaco in an attempt to stop Europeans hiding undeclared income in the Mediterranean principality. EurActiv Spain reports. Famous for its glamorous casinos and annual Formula One race, Monaco is also known for not levying income tax and for being somewhat of… – Continue reading

Axis Bank / Double Taxation / DTA / Formula One / India / Jaiprakash Associates / United Kingdom

Formula One seeking to encash $15.45-million guarantee by Jaiprakash Associates

Posted On: November 27, 2015

MUMBAI: Formula One is seeking to encash a $15.45-million guarantee by debt-laden Jaiprakash Associates BSE 1.18 % on the ground that it hadn’t paid the sport’s organiser money that had been contractually agreed upon. The company said the amount is caught up in tax litigation and hence can’t be given…. – Continue reading

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