The Nigerian Financial Intelligence Unit has called for an efficient tax system to ensure everyone pays their fair share of the tax burden. The agency emphasised that there should be no tolerance for tax avoidance or evasion in the country.…
EFCC freezes over 300 illegal Forex Trading accounts
The Economic and Financial Crimes Commission (EFCC) has frozen over 300 illegal accounts connected foreign exchange (FX) trading. EFCC Chairman, Mr Ola Olukoyede disclosed this in Abuja on Tuesday. The anti-graft agency boss said a court granted an order to…
Nobel laureate Maria Ressa acquitted in Philippines tax evasion case
Maria Ressa, a Nobel prize winner and co-founder of the online news site Rappler, has been acquitted of a tax evasion charge in the Philippines, another legal victory in her battle against multiple charges filed during the government of former…
Court renews arrest warrant for Nollywood actress over alleged tax evasion (Guardian)
An Igbosere High Court, Lagos State, on Monday renewed a bench warrant for the arrest of a Nollywood actress and producer, Monalisa Chinda-Coker, over alleged tax evasion. Justice Adedayo Akintoye renewed the order for the arrest following the failure of…
Ronaldo in court for tax evasion charge (BBC)
Football superstar Cristiano Ronaldo has cut a deal with a court in Madrid over tax evasion charges, accepting an €18.8m (£16.6m) fine. A huge media presence met the player outside the court, after a judge refused his request to appear…
Buhari tightens tax, money laundering with executive order
The Muhammadu Buhari administration is stepping up the regulations on money laundering and tax evasion by releasing a new Executive Order number eight, tagged Voluntary Offshore Assets Regularisation Scheme (VOARS). “The new Executive Order (008) takes effect from Monday, October…