tax
11 Mar
The Federal Inland Revenue Service (FIRS) has announced the launch of a new self-registration module on its Tax Administration Solution platform, TaxPro-Max.
6 Mar
Spanish prosecutors on Wednesday called for Real Madrid coach Carlo Ancelotti to be jailed for four years and nine months for allegedly failing to declare earnings to the tax office.
13 Feb
The Corporate Affairs Commission (CAC) has called on social media content creators, Instagram users, and TikTok users with large followers to register their businesses with the commission in accordance with the Company and Allied Matters Act 2020.
9 Feb
MultiChoice Group, owner of satellite television services DStv and GOtv, has agreed to pay N35.4 billion as part of its tax obligations to the Federal Inland Revenue Service (FIRS).
16 Jan
The Federal Inland Revenue Service (FIRS) has revealed plans to significantly increase its tax revenue collection by 57% to N19.4 trillion in the year 2024.
15 Jan
The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called on nations to resist the ultra-rich's influence over tax policy.
13 Dec
As individuals and families seek to build wealth, exploring investments in different jurisdictions is not uncommon. This decision presents several benefits and risks that must be carefully managed, particularly when the goal is multigenerational wealth preservation. Offshore assets are financial or physical assets usually acquired for investment purposes and held, registered or located in a jurisdiction or country outside of where one resides.
24 Nov
The Chairman of the Presidential Committee on Tax and Fiscal Policy Reform, Taiwo Oyedele, said on Friday that he is worried about Nigeria losing the sum of N6 trillion a year in tax waivers.
23 Nov
The Federal Government has rolled out plans to drive tax in Nigeria through the enforcement of compliance with relevant tax laws in the country.
21 Nov
Colombian pop icon Shakira has reached a settlement with Spanish authorities in her long-standing tax fraud case, avoiding a potentially lengthy prison sentence and a hefty fine. Under the terms of the deal, Shakira will receive a three-year suspended sentence and pay a fine of €7.5 million (approximately $8 million). Shakira had been accused of…
5 Nov
Since Nigeria’s introduction of an excise tax on sugar-sweetened beverages (SSBs) in the country as captured in the Finance Act of 2021, public discourse has been marked by passionate discussions
10 Sep 2023
Since the Federal Government announced the removal of fuel subsidy, there have been efforts by governments at both the federal and state levels to deploy one form of palliative, or the other to cushion the effects of the policy on the citizens.