CAC- Corporate Affairs

‘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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Selling Low-Value Goods? Tax Authorities Are Looking for You (2)

New Zealand, EU follow Australia in nixing tax exemptions for low-value goods Authorities to reap billions of dollars in revenue as foreign and domestic sellers get taxed equally Companies like Amazon and eBay used to be able to ship a $20 scarf or a $15 wallet across most borders without collecting taxes. But those days

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