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Tax Evasion: Cristiano Ronaldo Slapped With 2-Year Jail Sentence, €3.2 Million Fine

Cristiano Ronaldo will be fined 3.2 million Euros (3.7 million US dollars) and sentenced to 24 months in prison, a sentence he is unlikely...

Obafemi Awolowo University Shut Down By Osun Gov’t Over N1.8 Billion Tax Debt

The Osun State Internal Revenue Service has closed down the Obafemi Awolowo University, Ile Ife, over alleged N1.8 billion tax debt to the state...

Buhari Under ‘Serious Pressure’ To Extend Tax Amnesty Period – Presidency Source

As the tax amnesty under the Voluntary Assets and Income Declaration Scheme, VAIDs, ends on Saturday, March 31, 2018, some private sector players are...

Saraki Calls For Urgent Review Of Nigeria’s Tax Laws

Bukola Saraki, the president of the Senate, has called for the urgent review of the nation’s tax laws, to achieve a more efficient and productive...

Lagos Gov’t Shuts Down 20 Hotels Over Tax Evasion

Authorities of the Lagos State internal revenue service, LIRS, has shut down over 20 hotels, restaurants and event centres because of their failure to...

IGP Denies Allegations Of Demanding N10 Million Bribe

Ibrahim Idris, the inspector general of police, has denied sending Olukayode Ayilara, his Assistant Commissioner of Police, ACP, and Commander of the Police X-Squad in...

Bank Data Will Be Used To Expose Tax Debtors – Finance Minister

Kemi Adeosun, the minister of finance, on Thursday, February 8, 2018, advised well-meaning Nigerians to take advantage of the Voluntary Assets and Income Declaration...

Lionel Messi To Stand Trial For Tax Fraud In Spain

Argentina and Barcelona star Lionel Messi and his father Jorge are to stand trial on three counts of tax fraud that could carry prison sentences,...

Governors To Buhari: Share NLNG Tax And Ease Financial Crunch

The Nigerian Governors' Forum (NGF) on Tuesday, June 23, 2015 demanded that President Muhammadu Buhari share the Nigeria Liquefied Natural Gas (NLNG) tax among...

Air Services, Tax Agreement To Be Signed Between Nigeria And Singapore

Nigeria and Singapore have finalised decisions to sign air services and tax agreements to strengthen their bilateral air services and curb double taxation on...

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