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Nigeria Lost N5.4trn to Tax Evasion By Multi-Nationals - FIRS Boss
[Vanguard] Nigeria may have lost about $178billion (about N5.4 billion) to tax evasion by multi-nationals in ten years.
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Source: allAfrica.com
Rwanda: How Rwanda Will Raise Resources for 2020/21 Budget
The government expenditure is expected to rise in the coming fiscal year [2020/2021] by about Rwf 228
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Source: allAfrica.com
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Tunisian Tax System Favours Most Inequitable Forms of Taxation (Oxfam Report)
Tunis/Tunisia — The Tunisian tax system favours the unfairest forms of taxation, penalises the country's middle and lower classes, in addition to depriving the state of significant income, this is the finding made by the report published Wednesday by the anti-poverty organization
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Source: allAfrica.com
Top economist: VAT regressive - Barbados Today
One noted regional economist has described the Value Added Tax (VAT) as among “regressive” taxes in the Caribbean that need to be reformed. Marla Dukharan sounded her disapproval for the tax mechanism while expressing disappointment at governments in the region for not doing enough to address the
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Source: Barbados Today - News You Can Trust.
GRA urges taxpayers to heed Sept deadline for returns - Stabroek News
The Guyana Revenue Authority is reminding accountants, tax preparers and the general public that the extended due date for the submission of Income Tax, Property Tax, Corporation Tax and Capital Gains Tax Returns for the Year of Assessment 2020 (Year of Income 2019) is Wednesday, September
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Source: Stabroek News - Guyana's Most Trusted Newspaper
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IMF supports Freetown City Councils property tax reforms
Amin Kef Sesay: Sierra Leone Telegraph: 02 July 2020: Implementation of Property Tax Reforms by the Freetown City Council, under the leadership of  Mayor Yvonne Aki-Sawyer has become a highly topical issue with some in favour of and others against saying the timing is not right, as the nation
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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News
Uganda: Govt Spending Increases By 12.8 Per Cent
[Monitor] Government spending surged during April, rising by an unprecedented 12.8 per cent, according to the Ministry of Finance.
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Source: allAfrica.com
#Election2020 | Brown: 'First debate an embarrassment to this nation' | The Atlanta Voice
American politics nose-dived spiraled and crashed and burned during what masqueraded as the first 2020 presidential debate. “You’re a clown!” “Would you shut up, man!” “Everything you say is a lie.” Those were just some of the barbs from Democratic Presidential Nominee Joe Biden who grew irritated
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Source: The Atlanta Voice
Coloradans send mixed financial message to state with election results
DENVER Colorado voters despatched a sequence of blended fiscal messages within the 2020 election, permitting for some tax will increase and a few tax cuts. The end result implies that…
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Source: The Black Chronicle
Minister: $15b gaming sector paid just $82m in corp tax - Trinidad and Tobago Newsday
MINISTER of Public Administration Allyson West said the local gambling sector did business worth about an estimated $15 billion annually but typically ends up paying a yearly corporation tax of no more that less than $100 million, as she spoke on Friday in the Senate on the Gambling (Gaming and
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Source: Home - Trinidad and Tobago Newsday
Local Referendum No.1 for property tax to support the Greene County Hospital and Health System will be on the November 3rd ballot
Probate Judge Rolanda Wedgeworth confirmed to the Greene County Democrat on Friday, that there will be a Local Referendum No. 1 on the November 3, 2020 ballot to raise ad valorem property tax in Greene County by 4 mills to benefit the Greene County Hospital.John Zippert, Chairperson of the Greene
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Source: Greene County Democrat | Serving Greene County Like No Other Newspaper
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Uganda: Stakeholders Decry Govt Secrecy in Oil Dealings
[Monitor] Civil society organisations (CSOs) and other stakeholders have expressed concern over what they describe as government's continued secrecy in the oil and gas sector, saying it fuels grand systemic corruption and tax evasion.
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Source: allAfrica.com
Uganda: Bill on Motor Vehicle Licences Rejected
[Independent (Kampala)] Kampala -- The Traffic and Road Safety Act (Amendment) Bill 2021, seeking to introduce a license fee for motor vehicle owners payable annually has been rejected by Parliament. The Bill which was presented to Parliament in April by the government failed to meet favour with
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Source: allAfrica.com
KABAARA: Budget messages that are hidden in plain sight
Whether or not national government ministries are in a similar state, this is a good time to ponder how much longer and further Kenya can go when taxes “chase” spending rather than the other way
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Source: Business Daily
Chancellor Sunak’s Budget 2021 sets path for recovery - African Voice Newspaper
Chancellor of the Exchequer Rishi Sunak in his Budget 2021 presented on Wednesday 3 March said his immediate priority continues to be supporting those hardest hit, with extensions to furlough, self-employed support, business grants, loans and VAT cuts, bringing total fiscal support to over £407
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Source: African Voice Newspaper - African news from a British perspective
Income tax, corporate tax and VAT unlikely to rise, despite crisis - TechCentral
Finance minister Tito Mboweni said national treasury has no plans to boost income tax, corporate tax or VAT even as the coronavirus decimates the nation’s finances.
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Source: TechCentral
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Richelieu Dennis Steps Down As CEO of ESSENCE Amidst Investigation
On Wednesday (Jun 30) the iconic publication released a statement revealing that Dennis has reportedly “stepped down” as CEO while the magazine conducts its independent internal investigation over the claims written in an anonymous essay posted over the weekend, adding that Caroline Wanga will be
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Source: The Urban Daily
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Aww Damn: Black Billionaire Who Promised To Pay Tuition Debt of Morehouse Students Admits To Tax Fraud
According to the Department of Justice, Smith used third party accounts to conceal his income and commit tax evasion from 2000 to 2015. The DOJ stated that Smith, who is the CEO of Vista Equity Partners, intentionally did not report over $200 million of partnership income.
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Source: Black America Web
With graduated tax failure, ‘there will be cuts, and they will be painful,’ governor says | The Crusader Newspaper Group
By Jerry Nowicki Capitol News Illinois jnowicki@capitolnewsillinois.com Backers of a graduated income tax constitutional amendment conceded defeat Wednesday for Gov. JB Pritzker’s marquee policy proposal which was projected to bring in more than $3 billion annually to state coffers. With 98 percent
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Source: The Crusader Newspaper Group
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America Is Currently Obsessed With Placing Band-Aid Solutions Over The Open Wound Of Systemic Oppression
In the wake of the repeated state sanctioned deaths of Black people across America, corporations and individuals who say they are vested in allyship have taken certain steps to appear locked into making America what it has the potential to
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Source: MadameNoire
Working from home - carefully consider any claim for home office expense
SARS advised individual taxpayers to carefully consider any claim for home office expenses before filing their income tax returns.
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Source: South African News | Online News | The South African
Uganda: Where Does Money Borrowed By Govt Go ?
[Monitor] By Franklin Draku
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Source: allAfrica.com
Uganda: Will Budget Theme Meet Citizens' Expectations?
IMF indicates that the immediate fiscal policy response to the Covid-19 pandemic should account for the particular nature of the health crisis that the global economy faces, one that affects supply, demand, and confidence while being timely, temporary, and targeted across all levels of
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Source: allAfrica.com
EDITORIAL: Move to impose VAT on cooking gas wrong
EDITORIAL: Move to impose VAT on cooking gas wrong
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Source: Business Daily
Seychelles Losing Out On U.S.$28 Milllion in Unpaid Taxes, Auditor General Report Finds
[Seychelles News Agency] Seychelles hasn't been paid some $28 million in taxes it was owed as of 2018, a new report from the Auditor General shows.
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Source: allAfrica.com
Defense vs. disgust: Gabonese react to pro-gay bill
The Central African nation of Gabon is divided over the Senate’s backing of a pro-gay law which leaves presidential assent as the final leg of what has become a controversial last few weeks in the
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Source: Africanews | Latest breaking news, daily news and African news from Africa
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Kenya: Please Don't Touch Our Cash, Pensioners Say
In a separate memorandum to Parliament, a pensioner's lobby group says the removal of the pension tax exemption for retirees above 65 will make them receive significantly lower
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Source: allAfrica.com
Why do we keep voting on this? Exploring Prop. 13’s ‘Tax Revolt Family Tree’ - Black Voice News
The tax revolt started in California in 1978, but it never really ended. Four decades ago mad-as-hell voters banded together to pass Proposition 13, capping property taxes, slapping a constitutional muzzle on state government and wringing local budgets like a washcloth. The electorate's anti-tax
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Source: Black Voice News | The Voice of the Black Community in California
Malawi Army Engineers Commended On High Quality Road Project
[Nyasa Times] Road Authority (RA) has said capacitating a government institution in road construction will have positive results in the near future.
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Source: allAfrica.com
Nigeria: Taxes On Online Banking Transactions
The Federal Inland Revenue Service (FIRS) would soon start collecting taxes on all online transactions in line with the Company's Income Tax Significant Economic Presence (SEP) order that requires Over-the-Top (OTT) services providers to declare the revenue they generate from Nigerian consumers and
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Source: allAfrica.com
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