Taxes – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sat, 27 Jul 2024 09:30:40 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Taxes – InfoStride News https://www.theinfostride.com 32 32 Germany plans to lower taxes by as much as 30% for foreign skilled workers  https://www.theinfostride.com/germany-plans-to-lower-taxes-by-as-much-as-30-for-foreign-skilled-workers/ https://www.theinfostride.com/germany-plans-to-lower-taxes-by-as-much-as-30-for-foreign-skilled-workers/#respond Sat, 27 Jul 2024 09:30:40 +0000 https://www.theinfostride.com/?p=385486 Germany is considering lowering taxes for foreign skilled workers who decide to take up jobs in the country.   These tax rebates will range between 30%, 20%, and 10%.   This comes as an effort to attract more foreign qualified professionals to the country under its “growth initiative” effort by the German government to partially exempt newly arrived foreign [...]

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]]> https://www.theinfostride.com/germany-plans-to-lower-taxes-by-as-much-as-30-for-foreign-skilled-workers/feed/ 0 KADIRS Seals Businesses Over Unpaid Taxes in Kaduna https://www.theinfostride.com/kadirs-seals-businesses-over-unpaid-taxes-in-kaduna/ https://www.theinfostride.com/kadirs-seals-businesses-over-unpaid-taxes-in-kaduna/#respond Thu, 09 May 2024 12:00:48 +0000 https://www.theinfostride.com/?p=377558 The Kaduna State Internal Revenue Service (KADIRS) has sealed two hotels, an event center, and several other business premises in Kaduna metropolis over unpaid taxes amounting to approximately N422.6 million. The sealed businesses include Seals Admiralty Naval Suites owned by Navy Travels and Tours, Abuja, Deluxe Suites located at Ali Akilu Road, Kaduna, Big City [...]

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]]> https://www.theinfostride.com/kadirs-seals-businesses-over-unpaid-taxes-in-kaduna/feed/ 0 Taiwo Oyedele Calls for Suspension of ‘Nuisance Taxes’ Across States and LGAs in Nigeria https://www.theinfostride.com/taiwo-oyedele-calls-for-suspension-of-nuisance-taxes-across-states-and-lgas-in-nigeria/ https://www.theinfostride.com/taiwo-oyedele-calls-for-suspension-of-nuisance-taxes-across-states-and-lgas-in-nigeria/#respond Tue, 23 Jan 2024 12:42:25 +0000 https://www.theinfostride.com/?p=368222 In a notable move, Taiwo Oyedele has urged states and Local Government Areas (LGAs) across Nigeria to suspend what he termed as ‘nuisance taxes.’ The call comes as part of a broader initiative to streamline taxation policies and alleviate the burden on businesses and individuals in various regions. Taiwo Oyedele, a prominent figure in the [...]

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]]> https://www.theinfostride.com/taiwo-oyedele-calls-for-suspension-of-nuisance-taxes-across-states-and-lgas-in-nigeria/feed/ 0 President Tinubu takes executive action against double taxation https://www.theinfostride.com/president-tinubu-takes-executive-action-against-double-taxation/ https://www.theinfostride.com/president-tinubu-takes-executive-action-against-double-taxation/#respond Thu, 06 Jul 2023 19:30:24 +0000 https://www.theinfostride.com/?p=350306 Four Executive Orders signed by President Bola Ahmed Tinubu have been signed into law in an effort to rein in the country’s capricious taxation policy. Dele Alake, the President’s Special Adviser for Special Duties in Communication and Strategy, made the announcement on Thursday during a Q&A with State House Correspondents. The Finance Act (Effective Date [...]

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]]> https://www.theinfostride.com/president-tinubu-takes-executive-action-against-double-taxation/feed/ 0 Dangote Cement pays N173.93 billion taxes https://www.theinfostride.com/dangote-cement-pays-n173-93-billion-taxes/ https://www.theinfostride.com/dangote-cement-pays-n173-93-billion-taxes/#respond Mon, 25 Apr 2022 12:12:43 +0000 https://www.theinfostride.com/?p=323638 Dangote Cement Plc has sustained its position as a leading contributor to Nigeria’s economy with a tax charge of N173.93 billion for last year. According to the group’s audited results released on the portal of the Nigerian Exchange Ltd (NGX), the tax charge represents an increase of 78.7 per cent over N97.24 billion paid in [...]

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]]> https://www.theinfostride.com/dangote-cement-pays-n173-93-billion-taxes/feed/ 0 Taxes from carbonated drinks can be used wisely, coalition tasks government https://www.theinfostride.com/taxes-from-carbonated-drinks-can-be-used-wisely-coalition-tasks-government/ https://www.theinfostride.com/taxes-from-carbonated-drinks-can-be-used-wisely-coalition-tasks-government/#respond Sat, 08 Jan 2022 21:12:38 +0000 https://www.theinfostride.com/?p=316290 The National Action on Sugar (NASR), a health advocacy coalition, has encouraged the Federal Government to channel revenues realised from taxes on carbonated and sweetened beverages towards addressing challenges in the health sector. The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Wednesday, announced new excise duty on sugar-sweetened beverages. She stated at [...]

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]]> https://www.theinfostride.com/taxes-from-carbonated-drinks-can-be-used-wisely-coalition-tasks-government/feed/ 0 Japan Govt To Give Massive Tax Breaks To Companies That Lift Wages https://www.theinfostride.com/japan-govt-to-give-massive-tax-breaks-to-companies-that-lift-wages/ https://www.theinfostride.com/japan-govt-to-give-massive-tax-breaks-to-companies-that-lift-wages/#respond Wed, 08 Dec 2021 13:00:13 +0000 https://www.theinfostride.com/?p=314273 Japan will deny certain tax breaks to big companies that don’t hike wages and boost deductions for those that do, as part of efforts to raise salaries in the country, a final draft of the ruling party’s annual tax reform plan showed on Wednesday. The carrot-and-stick approach underscores Prime Minister Fumio Kishida’s focus on distributing [...]

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]]> https://www.theinfostride.com/japan-govt-to-give-massive-tax-breaks-to-companies-that-lift-wages/feed/ 0 #4.178 Trillion Revenue Was Generated In Taxes – FIRS Boss https://www.theinfostride.com/4-178-trillion-revenue-was-generated-in-taxes-firs-boss/ https://www.theinfostride.com/4-178-trillion-revenue-was-generated-in-taxes-firs-boss/#respond Sat, 05 Dec 2020 22:05:48 +0000 https://www.theinfostride.com/?p=276710 The Chairman of the Federal Inland Revenue Service, Mr Muhammad Nami, has announced that a sum of N4.178 trillion was generated in taxes from January 2020 to October. 2020. The Chairman who was duly represented by the Coordinating Director, Enforcement Support Group, of the Federal Inland Revenue Service, Mr Ezra Zubairu disclosed that this at [...]

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]]> https://www.theinfostride.com/4-178-trillion-revenue-was-generated-in-taxes-firs-boss/feed/ 0 Buhari Has No Right To Impose More Taxes On Citizens – PDP https://www.theinfostride.com/buhari-has-no-right-to-impose-more-taxes-on-citizens-pdp/ Sun, 23 Dec 2018 12:20:34 +0000 https://www.theinfostride.com/?p=223905 PDP has said that citizens of the country have been in poverty because of the insensitivity of the Buhari led administration. The PDP Presidential Campaign Organization (PPCO) has warned the Federal Government against taking any steps to impose new set of taxes on Nigerians. According to the organisation, Nigerian citizens are por because the government [...]

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]]> State Governments Should Make Sure That Taxes Are Paid – Yemi Osinbajo https://www.theinfostride.com/state-governments-should-make-sure-that-taxes-are-paid-yemi-osinbajo/ Sun, 08 Apr 2018 10:23:16 +0000 https://www.theinfostride.com/?p=204501 Yemi Osinbajo recently attended 2018 Greater Pastors Conference in Ibadan and emphasised that Nigeria has bright future. He urged Nigerians to assist leaders and the administration with prayers, saying the country would soon be one of the greatest countries in the world. On the outcome of the conference, the vice president said it was a [...]

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]]> Less Than 600,000 Lagosians Pay Taxes – Ambode https://www.theinfostride.com/less-than-600000-lagosians-pay-taxes-ambode/ Wed, 12 Jul 2017 20:52:25 +0000 http://www.theinfostride.com/?p=171801 Lagos state governor, Akinwunmi Ambode, has revealed that out of a population of 22 million, only 600,000 people pay taxes in the state. While speaking at a sensitisation workshop on 2017 Water Technology and Environmental Control Exhibition and Conference (WATEC) on Monday, July 10, 2017, the governor called on residents of the state to show [...]

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]]> Rick Ross Owes $5.7m In Unpaid Taxes https://www.theinfostride.com/rick-ross-owes-5-7m-in-unpaid-taxes/ Tue, 08 Nov 2016 21:43:48 +0000 http://www.theinfostride.com/?p=147326 New legal documents obtained by TMZ has it that Rick Ross owes millions of dollars in unpaid taxes. The entertainment site reports the IRS went through 3 years of Ross’ taxes, and claim he owes about $5.7 million. The taxes are dated from 2012 to 2014. They say Ross owes over $4.6 million in 2012 [...]

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]]> Oil and Gas Companies Paid $239bn Royalty To Nigeria In 7yrs – NEITI https://www.theinfostride.com/oil-and-gas-companies-paid-239bn-royalty-to-nigeria-in-7yrs-neiti/ Fri, 04 Dec 2015 20:00:56 +0000 http://www.theinfostride.com/?p=110365 The Nigeria Extractive Industries Transparency Initiative (NEITI) says 42 oil and gas companies operating in the country paid a total of $293 billion to the Federal Government between 2006 and 2012. According to the organisation’s Acting Executive Secretary, Dr Orji Ogbonnaya Orji, the money was paid by oil companies as taxes, royalty, dividends etc to [...]

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]]> Edo State Judicial Workers Will Not Be Paid If They Don’t Work – Governor Oshiomole https://www.theinfostride.com/edo-state-judicial-workers-will-not-be-paid-if-they-dont-work-governor-oshiomole/ Tue, 03 Nov 2015 17:04:39 +0000 http://www.theinfostride.com/?p=105152 The Governor of Edo State, Adams Oshiomhole, has said that the government will not use the taxes of workers to pay those who chose to stay at home for months on a strike that is ill-informed. Speaking at the 2015/2016 Legal Year of the State Judiciary, the Governor said the law is clear that a [...]

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]]> Kwara State Won’t Introduce New Taxes – Governor Ahmed | #News https://www.theinfostride.com/kwara-wont-introduce-new-taxes-ahmed-news/ Thu, 03 Sep 2015 15:30:21 +0000 http://www.theinfostride.com/2015/09/kwara-wont-introduce-new-taxes-ahmed-news/ The Governor of Kwara State, Abdulfatah Ahmed has said the newly established State Internal Revenue Service (KWIRS) will not impose new taxes. He said it would only boost the Internally Generated Revenue (IGR) through the diversification of the state’s economy. The governor spoke at Ilesha Baruba, Baruten Local Government Area at the presentation of the [...]

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