‘You can’t tax hunger’ — Opposition warns Tinubu
Nigeria’s opposition movement on Wednesday warned that the Federal Government’s proposed tax regime could worsen the country’s deepening social and economic crisis, accusing the administration of imposing harsh fiscal policies on citizens already overwhelmed by poverty, insecurity, and rising living costs.
Ancelotti’s tax trial wraps up in Spain with prosecutors seeking jail
Real Madrid coach Carlo Ancelotti’s tax fraud trial wrapped up Thursday in Spain, with public prosecutors seeking he be jailed for four years and nine months for allegedly hiding income from the tax office.
You will pay 15% VAT: 20 key provisions of the Nigeria Tax Bill, 2024
The Nigeria Tax Bill entitled, ‘An Act to Repeal Certain Acts on Taxation and Consolidate the Legal Frameworks Relating to Taxation and Enact the Nigeria Tax Act to Provide for Taxation of Income, Transactions and Instruments, and for Related Matters’, is among the three bills transmitted to the National Assembly by President Bola Tinubu on October 3, 2024.
Reps pass Tinubu’s Tax Reform Bill for second reading
The House of Representatives has passed for second reading four consolidated tax reform bills submitted by President Bola Tinubu on Wednesday, with no opposition from members.
Cartoon: ‘Aboki, I say leave this ladder maza maza!’
Cartoon: ‘Aboki, I say leave this ladder maza maza!’
Governors back Tinubu on tax reform, propose new VAT sharing formula
The governors have resolved that there should be no increase in the VAT rate or reduction in Corporate Income Tax, CIT, at this time
