Volkswagen India accused of evading $1.4 billion in vehicle taxes
Unassembled vehicles imported into India are subject to tariffs of 30-35%, while individual components only pay tariffs of 5-15% go through Brad Anderson December 2, 2024 07:47 The automaker apparently declared imports of only individual car parts, not complete, unassembled cars. Volkswagen could be subject to fines and penalties of up to 100%. Tax authorities are not happy with Volkswagen's operations in India, accusing the company of evading $1.4 billion in taxes by improperly declaring auto parts for the Audi, Volkswagen and Skoda brands. In India, unassembled cars imported into the country are subject to 30-35% customs duties, and Volkswagen allegedly imports unassembled cars, but it only declares these imports as "single components," meaning it only pays 5-15% tariff. The major vehicles imported by the car manufacturing giant into India include Skoda Superb, Skoda Kodiaq, Volkswagen Tiguan, Audi A4 and Audi Q5. MORE: Volkswagen German workers continue 'warning' strike after pay cut talks fail Investigators raided three Volkswagen plants in…
Intelligent Action Special: ASAE Promotion Demonstration Association
Listen to audio Mary Kate Cunningham serves as ASAE’s new chief public policy and governance officer When the new administration takes over the White House in January, Society of Automotive EngineersMary Kate Cunningham, CAE, newly promoted chief public policy and governance officer at the American Society of Association Executives, will be ready. Since 2018, she has led the communications department of the 50,000-person association. Cunningham, named a 2023 Smart Women Conference Innovator Award recipient, began her career as a staffer on Capitol Hill. She works with former ASAE senior vice president of public policy Jim Clarke, who has been with the organization for more than 20 years. Since taking charge of ASAE’s Public Policy Division, Cunningham has achieved many successes, including representing the association on pandemic relief measures and resolving issues related to the tax treatment of the association’s revenue streams. As the United States looks forward to the upcoming 119th Cunningham is leading the effort to form the ASAE…
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