Tag: Tax
FULL LIST: FG removes VAT on electric vehicles, gas generators, 61...
The Federal Government has announced the removal of Value-Added Tax (VAT) on 63 items, including electric vehicles and gas generators.
The Chairman of the Presidential...
FG removes VAT on diesel, cooking gas
The Federal Government has removed Value-Added Tax (VAT) on Liquefied Petroleum Gas and diesel in the country.
The Minister of Finance and Coordinating Minister of...
FIRS to introduce e-invoice to enhance tax system
The Federal Inland Revenue Service (FIRS) says it will introduce the FIRS e-Invoice, a digital solution for managing invoices, in line with the Tax...
Bill Gates: Tax collection in Nigeria too low
American business magnate Bill Gates says Nigeria’s tax collection rate is low.
Gates, who is the co-founder of the software company Microsoft, said Nigeria’s tax...
Eguavoen to lead Super Eagles as German tax laws foil Labbadia...
The deal between the Nigeria Football Federation (NFF) and the new Super Eagles Coach Bruno Labbadia has been aborted.
The NFF had, on Tuesday, August...
Osun, Delta fine Google, Meta $350m for tax evasion
Tax authorities in Osun and Delta States have fined Google Nigeria and Meta $150 million and $200 million, respectively, for alleged non-remittance of withholding...
Kenya president withdraws tax hike after protests
President William Ruto, on Wednesday, June 26, 2024, withdrew planned tax rises, bowing to pressure from protesters who had stormed parliament, launched demonstrations across...
Court discharges Binance executives in tax evasion charge
A Federal High Court sitting in Abuja has discharged the executive of Binance Holdings Limited, Tigran Gambaryan, and his fleeing colleague, Nadeem Anjarwalla, from...
Nigeria records N1.43trn VAT in Q1 2024
The National Bureau of Statistics (NBS) has declared that the aggregate Value Added Tax (VAT) stood at N1.43 trillion in Q1 2024.
The NBS disclosed...
Sanwo-Olu, Zulum, others seek transparent tax system to boost revenue
Lagos State Governor Babajide Sanwo-Olu and his counterparts from Sokoto and Borno States, Babagana Zulum and Ahmad Aliyu Sokoto, respectively, have emphasised the need...
