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Romania plans antiobesity tax on sugary drinksRomania plans antiobesity tax on sugary drinks

Romania plans antiobesity tax on sugary drinks

Nigeria » Lagos

Romania announced Tuesday plans to levy a tax on sugary soft drinks to combat obesity, following the lead of other European countries such as France. “This tax is aimed at discouraging consumption (of sugary drinks) and increasing public revenues, which could be spent on health and education,” the finance ministry said in a document made public Tuesday.Read more: https://innerkonsult.com/romania-plans-anti-obesity-tax-on-sugary-drinks/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 21 Aug 2019 - 21 Aug 2020

Economic zone tax breaks create disparityEconomic zone tax breaks create disparity

Economic zone tax breaks create disparity

Nigeria » Lagos

The tax exemption benefit given to industrial units inside the economic zones has created disparity between factories outside the industrial enclaves, raising fears of uneven competition among firms producing the same products. The National Board of Revenue in 2015 declared tax benefit on income of businesses inside the economic zones for 10 years based on recommendation from the Bangladesh Economic Zones Authority (Beza) to promote investment and industrialisation in the country in an organised manner.Read more: https://innerkonsult.com/economic-zone-tax-breaks-create-disparity/Cont...

date: 21 Aug 2019 - 21 Aug 2020

Nigeria considers new 5 tax for online purchasesNigeria considers new 5 tax for online purchases

Nigeria considers new 5 tax for online purchases

Nigeria » Lagos

The Federal Inland Revenue Service (FIRS) may, from next year, ask banks to charge customers five per cent Value Added Tax for online purchases when using bank cards, its Chairman, Tunde Fowler, has said. Mr Fowler, who gave the hint in an interview with newsmen in his office in Abuja, also said the federal government was yet to take a decision on whether to increase VAT or not.Read more: https://innerkonsult.com/nigeria-considers-new-5-tax-for-online-purchases/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 19 Aug 2019 - 19 Aug 2020

Mind Your Tax Affairs: Withholding Tax (WHT)Mind Your Tax Affairs: Withholding Tax (WHT)

Mind Your Tax Affairs: Withholding Tax (WHT)

Nigeria » Lagos

Withholding tax is an advance payment of income tax – Companies Income Tax (CIT) and Personal Income Tax (PIT). Withholding tax is deducted at source when payments are made to companies or individuals. Tax withheld from payments to a company or an individual is a tax credit or withholding tax credit, which is used to reduce the tax liability of a company or an individual when the final tax liability is determined.read more: https://innerkonsult.com/mind-your-tax-affairs-withholding-tax-wht/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O803846003...

date: 19 Aug 2019 - 19 Aug 2020

Plateau IRS Recovers N2.5bn Out Of N19bn Tax Liabilities Of Federal Agencies In The S...Plateau IRS Recovers N2.5bn Out Of N19bn Tax Liabilities Of Federal Agencies In The S...

Plateau IRS Recovers N2.5bn Out Of N19bn Tax Liabilities Of Federal Agencies In The S...

Nigeria » Lagos

Plateau state Internal Revenue Service has announced that it has recovered from the Federal Ministries, Departments and Agencies (MDAs) outstanding Tax Liabilities through the joint collaborating efforts of joint tax board to the tune of N2.6 billion being part payment of their tax liabilities to the state.Read more: https://innerkonsult.com/plateau-irs-recovers-n2-5bn-out-of-n19bn-tax-liabilities-of-federal-agencies-in-the-state/Contact InnerKonsult for Professional Services on Tax, Accountancy and CAC Services. O8038460036, www.innerkonsult.com

date: 19 Aug 2019 - 19 Aug 2020