The Peoples Democratic Party, PDP, Presidential Campaign Organization, PPCO, Saturday warned President Muhammadu Buhari to end further plans of imposing new taxes on Nigerians, noting that Nigerians are overburdened and pauperized by his incompetent administration.

Mr Emefun Etudo, a prosecution witness for the Economic and Financial Crimes Commission (EFCC) on Wednesday, alleged that Trafigura Beheer BV and Trafigura PTE Ltd, an international oil company, owed the Federal Government of Nigeria $1.6 billion in unpaid taxes.

Akure—Five senior civil servants in Ondo State have been suspended and handed over to the Police for allegedly defrauding the state government of tax refund totalling N200m.

ABUJA – A coalition of civil society organisations and professionals bodies working to reduce maternal and child mortality in the country have called for the introduction of mobile phone tax to help fund the healthcare system.

The Nigerian arm of the global brand in taxation, KPMG Nigeria, has tasked the Federal and State government to focus on improving the ease of paying tax as the only solution to improving the business environment and the country’s economy.

THE World Bank has recently upgraded Nigeria in its tax collection ranking from number 171 to 157 in the world. This improvement is the outcome of the efforts by the administration of President Muhammadu Buhari to raise tax revenues from a dismal six per cent of the Gross Domestic Product to a higher level commensurate to the size of our economy.

abuja—A total of 209 appeals covering about $18.8 billion, N205.654 billion and Euro 0.821 million are currently before the Tax Appeal Tribunal, TAT, across the country.

A total of 209 appeals amounting to about $18.8 billion, N205.654 billion and EURO 0.821 million are currently before the Tax Appeal Tribunal, across the country.

Dr Josephine Agbonika, a law lecturer says many property owners in Nigeria are unable to pay taxes on them because they over-inflate the prices of the properties.

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.

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.

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.

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.

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.

Ernst and Young, EY, has emphasized the need for corporate entities to abide by the new income tax regulations, 2018, released by the Federal Inland Revenue Service (FIRS), as non-compliance attracts heavy penalty.