Increase in VAT’ll hurt businesses, consumers, OPS warns
ORGANISED Private Sector, OPS, yesterday, cautioned against plan by the Federal Government to increase Value Added Tax, VAT, warning that it would hurt manufacturers, businesses and consumers alike.
UK to introduce new tax for tech giants from 2020: minister
Britain will introduce a new digital services tax aimed at tech giants from 2020, finance minister Philip Hammond said on Monday, responding to public outrage over low tax payments.
Court rejects tax evasion case against German FA ex-bosses
A German court on Monday rejected a tax evasion case against three former top football officials that erupted following a scandal over vote-buying allegations for the right to host the 2006 World Cup.
Multiple taxation poses threat to insurance sector — Operators
INSURERS have decried the multiple taxation being imposed on them, saying that it would continue to pose a threat to the well-being of the industry.
Sustain tax collection to reduce borrowing – expert tells FG
A tax expert, Mr Mac-Antony Dike, on Wednesday advised the Federal Government to sustain its zeal of generating more revenue from tax defaulters to reduce borrowing.
Increase tax revenue to fund education, Actionaid tasks govt
The Country Director, Actionaid Nigeria, Mrs Ene Obi has urged federal and state governments to take decisive steps to increase the funds allocated to the education sector in order to improve the quality of education.
