Author name: InnerKonsult

Government’s tax take almost doubles in 10 years

The Government’s tax take has almost doubled since the low point of the crash in 2010, according to the latest exchequer returns. They show that the Government collected a record €59 billion in taxes last year, exceeding the 2018 performance by 6.8 per cent or €3.75 billion. This was nearly double the €31 billion collected […]

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How to Pay Less or No Taxes: Guide to Reduce Your Taxable Income

Paying tax is part of living in a productive, progressive society. The government uses tax dollars to invest in the economy by building infrastructure and offering other public services. Your taxes help run the country, but sometimes it feels like an unfair burden we all have to pay. If you listen to the media, you’ll

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‘Prices in telecoms sector not determined by political interventions – ALTON

The Chairman Association of Licensed Telecommunications Companies of Nigeria (ALTON), Gbenga Adebayo in this interview with ADEYEMI ADEPETUN, explained that price determination in telecoms sector is not determined by political intervention. How are licensed operators reacting to the Minister of Communications and Digital Economy, Dr. Isa Pantami’s directive on data tariff review?Let me start by

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Corporation tax receipts €1.4bn ahead of expectation in 2019

Corporation tax receipts were €1.4 billion ahead of expectations, totalling €10.9 billion in 2019 helping the overall tax take rise by almost 7 per cent. The Department of Finance said on Friday morning that taxation receipts last year were €1.4 billion ahead of original expectations on the back of the strong corporation tax performance with

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Trump Weakened Tax Law, Says NYT

A story published by New York Times on Monday detailed how President Donald Trump’s Treasury Department, led by former Goldman Sachs banker Steve Mnuchin, has quietly weakened elements of the 2017 tax law in recent months to make it even friendlier to wealthy individuals and massive corporations. Lobbyists representing some of the largest corporations in the world,

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INSIGHT: Offshore Supply of Equipment Income Not Taxable Under India–Japan Tax Treaty

India’s Authority for Advance Ruling clarifies that income received by a Japanese entity towards offshore supply of equipment to an Indian project is tax-exempt in India, under Article 5 of the India–Japan tax treaty. Shailendra Sharma discusses the ruling. Nippon Steel Engineering Co (Nippon or Applicant), a Japanese resident, is engaged in supplying environmental steel plants

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