tax

 The Federal Capital Territory Internal Revenue Service (FCT-IRS) has given March 31 deadline to all taxpayers in FCT to file their annual tax returns. The Executive Chairman of the service, Mr Abdullahi Attah,…

Donald Trump paid just 750 dollars in federal income tax in 2016, the year he won the U.S. presidential election, the New York Times wrote in an explosive investigative report late Sunday. SEE ALSO: Nigerians React As Buhari Finally…

The Federal Ministry of Transportation is proposing tax incentives for the maritime industry to stimulate investment and boost activities, amid the downturn caused by the COVID-19 pandemic. Director-General of the Nigerian…

Ghana has insisted that the closure of external borders by Nigeria led to its imposition of a $1 million tax on traders with Nigerian traders being the most affected.

Polish President Andrzej Duda on Thursday signed a law introducing a tax on sugary drinks, energy drinks and small alcoholic beverages. SEE ALSO: LIRS to Implement Additional Tax Incentives and Reliefs to Taxpayers in Lagos State The…

Kaduna State Internal Revenue Service (KADIRS), has introduced COVID-19 tax incentives to cushion the effects of the pandemic on taxpayers, in addition to previously  introduced palliatives. SEE ALSO: Three-Storey Building Collapses In…

The Kaduna State Internal Revenue Service (KDIRS) has further extended the deadline for the filing of 2019 tax returns from June 1 to Sept. 30. SEE ALSO: The Executive Chairman of the Agency, Dr Zaid Abubakar, made this known in an…

The European Commission, on Wednesday, unveiled plans to clamp down on aggressive corporate tax planning regimes that distort the level playing field of the EU’s single market. SEE ALSO: Trump sued over Immigration suspension by Visa…

The Lagos Inland Revenue Service (LIRS) says it generated a whooping N25 billion through taxation in April when there was total lockdown. SEE ALSO: Another total lockdown will be counterproductive - Keyamo warns Mr Rasheed Olu-Ajayi,…

Presidential candidate of the Young Progressive Party (YPP) in 2019, Prof. Kingsley Moghalu has explained three approaches to transform the nation's ailing economy. The former Deputy Governor of the Central Bank of Nigeria (CBN) gave the…

Japan’s average household spending dropped a record 11.1 percent from a year earlier in April due to the coronavirus pandemic and a consumption tax increase last year, a government report showed on Friday. SEE ALSO: Chevron Set to Sack…

Governor of Cross River State, Ben Ayade, has exempted certain categories of persons and organizations from paying tax in the State. Ayade disclosed that he is exempting "Okada riders, taxi drivers airport taxi…

The President of the Trade Union Congress (TUC), Mr Quadri Olaleye, has called on the three tiers of government to grant three months tax holidays to Nigerian workers. Olaleye made the appeal in his contribution at the Workers’…

The Kaduna State Internal Revenue Service (KDIRS) says on Friday it is set to descend on more than 10,000 companies evading tax in the state as soon as the Coronavirus crisis is over. SEE ALSO: Britain Seals Deal with Private Hospitals as…

The Imo State Government says it has sealed 13 hotels in the state for failure to settle their tax liabilities. SEE ALSO: Naira Marley Blasts Twitter ‘Snitches’ For Demanding His Arrest Chairman of Imo State Internal Revenue Service…

Boris Johnson will hail “the dawn of a new era” for Britain as he celebrates Brexit day with a tax cut for 31 million people. In a broadcast to the nation at 11 pm on Friday – the moment the UK finally breaks free of the EU –…

Some experts on Tuesday said the exemption of some basic consumption items from Value Added Tax (VAT) would boost local production and reduce economic hardship. SEE ALSO: Global Fund: Nigeria gets $140m to tackle Tuberculosis(TB) in the…

Churches and Mosques that generate revenue from other sources such as business ventures will begin to pay tax in Oyo state. This was revealed by the Executive Chairman of the Oyo state Internal Revenue Service, Mr. John Adeleke while…

Popular Nollywood Actress Iyabo Ojo may be shutting down her business soon as she receives a tax bill of 38 million naira from the Lagos State Internal Revenue Service, LIRS. The fair-skinned Actress posted the tax bill on her Instagram…

The Federal Inland Revenue Service is reportedly making plans to sell the properties of 52 companies whose tax debts amount to N3.4bn. Findings revealed that the Legal Department of the Service had begun the process to sell the…

The Federal Inland Revenue Service (FIRS) says it will go after estimated 40, 000 millionaire tax defaulters in 2019. Mr Wahab Gbadamosi, the Head Communications and Servicom Department of FIRS,disclosed this in a statement in Abuja on…

The Federal Inland Revenue Service (FIRS) on Saturday urged Small and Medium Enterprises (SMEs) to pay taxes to attract investors. FIRS Deputy Director, Mrs Angel Fadahunsi, made the appeal at the Techpoint Build expo held in Lagos.…

U.S. President Donald Trump has taken another swipe on Twitter at his French counterpart Emmanuel Macron prompted by Macron’s woes over violent protests against fuel taxes. “I am glad that my friend @EmmanuelMacron and the protestors in…