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Search Result for “excise tax”

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BUSINESS

Toyota to raise global hybrid car output by 30% in 2028 as EV demand slows

Kyodo News, Published on 05/02/2026

» KYODO — Toyota Motor Corp will increase its global hybrid vehicle production in 2028 by 30% from the level planned for this year, accounting for some 60% of its worldwide output, sources close to the matter said Thursday.

BUSINESS

Over 145 nations set to exempt US firms from global minimum tax deal

Kyodo News, Published on 06/01/2026

» WASHINGTON — US multinational companies will be excluded from a global minimum corporate tax rate set in 2021 under a deal agreed by more than 145 countries and regions, the US Treasury Department reported on Monday.

WORLD

Myanmar's complex civil conflict creating unlikely alliances among enemies

Kyodo News, Published on 09/12/2025

» YANGON — A 24-year-old fighter from Myanmar's pro-democracy People's Defence Force (PDF) says many of those who fight alongside him have switched sides at times in the long-running civil war, with a lack of financial compensation forcing them to temporarily side with a junta-aligned armed group.