Tag Archives: Tax

Nigeria: Taxation – Ignored second fiddle to ‘easy’ oil money

By Nasir Ahmad El-Rufai The Federal Government earned N2.2trillion as opposed to N1.9trillion it targeted in 2009; N2.9trillion as against N2.5trillion in 2010; N4.7trillion in 2011 as opposed to N3.6trillion and N5trillion generated in 2012 as opposed to N3.6trillion.  No, … read more »

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German city introduces “tax meters” for prostitutes

Prostitutes in the German city of Bonn must carry a ticket purchased from a new parking metre-like machine while working the streets or face hefty fines from tax authorities in a scheme launched Monday night. In Germany, ladies of the … read more »

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SABMiller rejects tax avoidance claims in Africa

Brewing giant SABMiller rejected any claims of tax avoidance in Africa on Friday after South Africa, Ghana, Zambia, Tanzania and Mauritius decided to work together to examine the brewer’s tax affairs. The five nations have come together in a South … read more »

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Province says tax changes paying off for Ontarians

What a difference an election year makes. More than two-thirds of Ontario households should have more money to spend thanks to the Liberals’ sweeping tax changes — up from an estimate of fewer than half just last June, according to … read more »

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Toronto mayor aims to axe plastic bag fee

Toronto Mayor Rob Ford will move ahead with a plan to eliminate the city’s contentious five-cent plastic bag fee, his office confirmed. The city’s plastic bag bylaw, which went into effect on June 1, 2009, requires retailers to charge a … read more »

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Obama signs tax package bill into law

President Barack Obama signed into law Friday a massive tax package that frayed his relations with liberals, caused him to abandon a pledge not to extend tax cuts to the rich and heralded a new balance of power in Washington. … read more »

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