Tag #Bolt

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fr.allafrica.com

🌐 65% Global Worthiness

May 12, 07:09

Bolt Ceases Operations in Tunisia Amid Regulatory Dispute

Bolt, a ride-hailing app, officially ended operations in Tunisia on May 9, 2025, after a dispute with authorities over alleged money laundering, tax fraud, and illegal operation, resulting in the seizure of 12 million dinars and the app's removal from the national business register.

Bolt Ceases Operations in Tunisia Amid Regulatory Dispute

Bolt, a ride-hailing app, officially ended operations in Tunisia on May 9, 2025, after a dispute with authorities over alleged money laundering, tax fraud, and illegal operation, resulting in the seizure of 12 million dinars and the app's removal from the national business register.

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What were the primary accusations leading to Bolt's suspension and eventual exit from Tunisia?

The shutdown follows a March 2025 suspension of Bolt and other ride-hailing apps over alleged money laundering, tax fraud, and illegal operation. Authorities seized approximately 12 million dinars and removed Bolt from the national business register. Bolt denied the accusations but ultimately ceased operations.

es.euronews.com

🌐 75% Global Worthiness

Dec 3, 22:11

EU to Standardize VAT on Online Platforms by 2030

The EU will standardize VAT for online platforms like Airbnb and Uber by 2030, potentially generating €6 billion annually in new revenue but increasing prices for consumers. Estonia initially opposed the measure, highlighting potential challenges for businesses.

EU to Standardize VAT on Online Platforms by 2030

The EU will standardize VAT for online platforms like Airbnb and Uber by 2030, potentially generating €6 billion annually in new revenue but increasing prices for consumers. Estonia initially opposed the measure, highlighting potential challenges for businesses.

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How will the implementation of this new VAT regulation impact smaller businesses and cross-border operations within the EU?

This EU-wide VAT harmonization seeks to level the playing field between online and traditional businesses, addressing previous criticism of unfair competition. The anticipated €6 billion in additional VAT revenue represents a significant contribution to the EU budget, which received €22 billion in VAT revenue in 2023 alone. However, this measure has faced resistance from some member states that sought exemptions, potentially creating new inequalities.

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