Tax evaders face a tough challenge in the reform plans. The federal government is determined not only to widen the tax net but to prevent evasion, according to Minister of Finance and Coordinating Minister of the Economy, Wale Edun. Yesterday, the minister inaugurated the 50-person Tax Appeal Tribunal (TAT), reports The Nation. Its mandate is ...
•Osun State governor, Ademola Adeleke The Osun State Government today said it has shut down Prism Steel Mill, Ikirun, and some business premises in Ede due to non-compliance and evasion of taxes. A statement by the Information Officer, of Osun State Internal Revenue Service, Seun Ayeni, obtained in Osogbo, said a tax enforcement team led [&hel...
The Federal Capital Territory Internal Revenue Service (FCT-IRS) today, Thursday, May 9, sealed Regency Hotels, a school, and three business premises in Abuja over evasion of tax The FCT-IRS Acting Director, Legal Services, Festus Tsavsar, who led the enforcement team, explained that the closure of the premises was in line with a court order o...
The Kaduna State Internal Revenue Service (KADIRS) has sealed off six branches of the United Bank for Africa (UBA) over alleged evasion of N14 million tax. The operation followed the non-compliance of the management of the bank to series of notices sent to them by the service, reports Daily Trust. The team led, by the […]
•Nadeem Anjarwalla The Federal High Court in Abuja, has fixed May 17 to rule on an application by the federal government through the Federal Inland Revenue Service (FIRS), seeking to serve by substituted means the charge against a top executive of Binance Holdings Limited, Nadeem Anjarwalla, who fled from custody while awaiting trial. Moses Id...
•Binance’s Tigran Gambaryan in court with an EFCC operative A Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its executives. The Federal Inland Revenue Service had dragged the firm to court for tax evasion, reports The PUNCH. Also joined in the suit are officials of the company, [&he...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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