Apple told to pay back €13bn in tax by EU
The European Court of Justice (ECJ) has ruled that Apple must repay €13 billion (£11 billion; $14 billion) in unpaid taxes to…
Browsing Tag
Tax
Company income tax revenue rises by 151% in Q2 2024 — NBS
Nigeria’s Company Income Tax (CIT) saw a significant increase of 150.83% in Q2 2024, reaching ₦2.47 trillion, according to a…
FG to remove tax on food items, rents, others – Taiwo Oyedele
The Chairman of the Presidential Committee on Fiscal Policy, Taiwo Oyedele, announced that his committee has recommended the…
FG exempts farmers, manufacturers, SMEs from paying withholding tax
The Federal Government has granted exemptions from withholding tax to farmers, small businesses, and manufacturers.
This…
Kenya scraps most tax hikes from controversial bill
Kenya's government has dropped some proposed taxes from this year's controversial finance bill, including a 16% levy on bread,…
Tinubu’s tax reforms not to frustrate Nigerians — Shettima
Vice President Kashim Shettima emphasizes that Nigeria's tax reforms, implemented during President Bola Tinubu's administration,…
FIRS aims for N5tr VAT revenue amid EU concerns over tax evasion in Nigeria
The Federal Inland Revenue Service (FIRS) has unveiled an ambitious plan, envisioning a significant increase in Value Added Tax…
JUST IN: FG files tax evasion charges against Binance
The Federal Government has initiated legal proceedings against Binance, a well-known cryptocurrency exchange platform, in a…
LIRS extends deadline for employers’ tax returns filing
The Lagos State Internal Revenue Service (LIRS) has announced an extension for the filing of employers’ annual tax returns by…
IRS demands Achimugu’s tax returns after lavish birthday
The FCT-Internal Revenue Service has asked Abuja-based socialite, Aisha Achimugu, to provide details of her annual tax returns to…