September 4, 2019

Buhari’s COS queries FIRS chairman over worsening tax collection

Indications emerged on Sunday that the Chief of Staff to President Muhammadu Buhari, Mr. Abba Kyari, has queried the Executive Chairman of the Federal Inland Revenue Service, Mr, Babatunde Fowler, over alleged discrepancies in tax collections from 2015 to 2018. A letter dated August 8, 2019, and addressed to the FIRS chairman, which was signed […]

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Apple to fight $14 billion tax battle in European court next month

Apple is heading to court next month to fight a 13 billion euro ($14.4 billion) tax bill handed down by the European Union in 2016. Europe’s General Court will hear Apple’s appeal on Sept. 17 and 18, Bloomberg reported Friday. The case relates to the bill that the EU Competition Commission ordered Ireland to recoup

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Give start-ups five-year tax holiday – Don

The Director, Entrepreneurship and Skills Development Centre at the University of Lagos, Prof Sunday Adebisi, has urged the Federal Government to give start-ups a five-year tax holiday to enable them to survive. He gave this advice on Thursday while presenting a paper titled, ‘Entrepreneurship Mindset, a Solution to the Unemployment Rate in Nigeria’, during the

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