Tax

FIRS records N1tn revenue shortfall in first quarter

Between January and March this year, the Federal Inland Revenue Service generated about N1.12tn…

FCT IRS explains reason for sending SMS to taxpayers

The Federal Capital Territory Internal Revenue Service (FCT IRS) says the Short Message Service…

Netflix accused of funnelling profits through Netherlands

First when it comes to movie streaming, Netflix has been accused of funnelling as…

Nigerian gets four-year prison term for $12m tax return scam

A Nigerian man, Babatunde Olusegun Taiwo, has been sentenced to four years in prison…

I nearly left Barca in 2014, Lionel Messi reveals

Barcelona's Argentina forward, Lionel Messi, has admitted he nearly left the club when he…

Mixed reactions trail proposed 5% VAT on all online purchases

Mixed reactions have trailed the proposed plan by the Federal Government to slam a…

In a year, Swedish lawmakers earn what a Nigerian senator does in 60 days

Lawmakers in Sweden have no official cars, enjoy no immunity, use public transport, and…

WORLD CUP JAMBOREE! Outrage as 20 Kenyan lawmakers travel to Russia at taxpayers expense, spend Sh25 million

Kenyans are angry and they have got every right to be as 20 lawmakers…

TAX EVASION! Cristiano Ronaldo to serve two years in prison

Real Madrid forward, Cristiano Ronaldo, has reached a deal with the Spanish tax authorities…

SOCIAL CONTRACT! In Nigeria, the government pretends to tax people and people pretend to pay, says bank executive

Paying income tax used to be a joke in Nigeria which, no wonder, has…

N1.8 BN TAX EVASION! Osun govt seals OAU

Officials of the Osun State Internal Revenue Service on Wednesday stormed the Obafemi Awolowo…

SLIPPIN! Rapper DMX plays hit track before being jailed for tax fraud

American rapper Earl Simmons, popularly known as DMX, was sentenced to one-year in prison…

DMX faces 40 years jail term for tax evasion charges

Rapper DMX turned himself into authorities on federal charges of tax fraud Thursday, according…