tax

Nigeria Loses N20trn To Tax Underpayment - Presidential Tax Committee Chairman

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has said tax gap in Nigeria hovers around N20 trillion.

Tax Reforms Committee Posts

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Company Income Tax Posts

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Shakira faces fresh court charges over alleged tax fraud

A Spanish judge in Barcelona, Esplugues de Llobregat, has ordered a second investigation against Shakira for alleged tax fraud.

FG files tax evasion charges against Binance

The charges levied against Binance include non-payment of Value-Added Tax (VAT), Company Income Tax, failure to file tax returns, and complicity in aiding customers to evade taxes through its platform.

10 industries in Nigeria that pay the lowest tax

The FIRS is in charge of collecting Company Income Tax (CIT) in the country.

Wike approves property tax in Abuja

The FCT-Internal Revenue Service is said to have commenced the implementation of Capital Gains Tax in the FCT, as stipulated in the Capital Gains Tax Act 2004.

Iyabo Ojo cries out as she is forced to pay N18M as tax debt to Government

if i had made so much i won't have bought my house on mortgage, since 2020 my business has been going through ups and downs, yet i still constantly pay all my business tax, mortgage tax, loan tax etc...... .

US president Joe Biden's son, Hunter Biden indicted on nine tax evasion charges

The new charges include tax evasion, filing false returns, failure to file returns on time, and failing to pay federal taxes.

Tinubu appoints UI 400-level student into Tax Reforms Committee

President Bola Ahmed Tinubu has appointed a University of Ibadan, UI, 400-level student, Orire Agbaje as member of the Presidential Committee on Fiscal Policy and Tax Reforms. The committee was inaugurated on Tuesday in Abuja.

Football legend, Ronaldinho 'facing the seizure of two properties in Brazil in order to pay off tax debts' after inspectors 'found nothing in his bank accounts'

Former Barcelona and AC Milan legend, Ronaldinho is reportedly facing the seizure of two properties in Brazil to pay off alleged tax debts.

'Empire' actor Terrence Howard ordered to pay $900k in back taxes after saying its immoral for the US Govt to tax descendants of slaves

Despite a months-long effort to engage Howard in court after the Justice Department sued him in 2022, the actor's only response was a voicemail he allegedly left on the phone of the case's lead tax attorney in November.

El Salvador introduces $1,000 tax for travelers from Africa

El Salvador has recently introduced a $1,000 fee for travelers coming from Africa, and India. The country serves as a vital hub for one of the region's most important airlines, offering direct connections to over 30 destinations in 14 different countries.