Topics : Income Tax The government is seeking more disclosures in citizen’s personal and professional filing instruments like income tax and GST returns and capital gains statements among a host of others. A recent move seeking the provision of passport details in ITR-1 forms while filing tax returns has attracted dissent on citizen’s right to

Employing an ends-justify-the-means mentality, officials jettison transparency for political expediency Local school officials asking for voters’ permission to issue bonds just can’t bring themselves to utter the T-word. T as in tax. In seven East Bay districts, superintendents and elected board members have placed bond measures on the March 3 ballot to fund school construction.

Friday, January 10, 2020 /3:25 PM / by Nnoli Lawrence & Associates / Header Image Credit: @GetItDonNG Lawrence C. Nnoli Versus Lagos State Government and 3 others (SUIT NO: ID/3819GCM/17) JudgmentA certified true copy of the judgment of the high court obtained today and signed by the judge showed that judgment was given in the above

The office of the attorney general of the federation has withdrawn from the tax dispute case against MTN Nigeria, TheCable can report. In a letter seen by TheCable, MTN said it would withdraw its legal action against the AGF. “MTN Nigeria is pleased to report that its legal counsel has received a letter dated January

Then, I got a letter from the IRS saying that I owed money because of an error on my return. It was exactly what I had been afraid of. I corrected the mistake, and set up a payment plan for the $1,200 in additional tax that I owed. Since then, I’ve been much more relaxed

A Nigerian man, Babatunde Olusegun Taiwo, has been sentenced to four years in prison for stealing the identities of US citizens to file fraudulent tax return claims, made possible through data leaked in security incidents. The US Department of Justice (DoJ) in a statement said Taiwo, alongside co-conspirators including Kevin Williams, used the personal identifying

President General of Ohanaeze Ndigbo, Chief Nnia Nwodo, has alleged that illegal tax was being collected from South-East travellers through Point of Sale Machine on the highways. He also alleged that the illegal tax was being paid to personal accounts. Nwodo commended the South-West Governors for the bold step they have taken to defend the

If you’re not correctly budgeting for taxes, they could quickly drain your retirement fund. You work your entire career to save for retirement, so when you finally reach your golden years, you’ll want to ensure your money lasts as long as possible. One obstacle that could potentially throw off your entire retirement plan? Taxes. When

Exchanging properties is a good way to invest in real estate, while deferring capital gains taxes way into the future. It’s called a 1031 exchange. But the rules are that substituting one property for another has to happen within a tight timeframe. What if something goes wrong with landing that second, replacement property? Are you