The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, says the federal government is considering cutting over 60 taxes to ease economic hardship on Nigerians.
Real Madrid star Luka Modirc has reportedly admitted to two counts of tax fraud and accepted an eight-month suspended prison sentence as part of a plea bargain deal with Spanish prosecutors.
"So, we look at your tax returns. If you registered Mercedes E-Class and you are paying N100,000 tax, then something is wrong. Those are red flags. We now have the capacity to assess people accurately.
Ruto's government said the tax hikes, which include a doubling of the fuel tax and introduction of a levy to fund affordable housing, will raise an extra 200 billion Kenyan shillings ($1.42 billion) a year.
The 'Pioneer Status' is granted to companies making investments in qualifying industries and products as tax holiday from the payment of corporate income tax and withholding tax on dividend from pioneer profits for an initial period of three
Popular businessman, Cubana Chief Priest, is allegedly in the custody of the Economic and Financial Crimes Commission, EFCC, on charges bordering on money laundering and tax fraud.
The famous socialite and entrepreneur is being probed for alleged money laundering and tax fraud. Obi Cubana got to the EFCC headquarters in Jabi Abuja around noon on Monday.