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Nigeria: To Stem Tax Evasion, Experts Seek Tighter Transfer Pricing Regulation
[This Day] Tax experts have advised the federal government to tighten regulations around transfer pricing in order to stem the loss of revenue through tax evasion by multinationals operating in Nigeria.
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Source: allAfrica.com
Kenya Scraps Personal and Corporate Covid-19 Tax Relief Amid Debt Default Risk
[East African] Kenya has terminated part of the tax relief measures extended to cushion households and businesses from the adverse impact of the Covid-19 in a desperate move to save an ailing economy closing in on a Ksh9 trillion ($90 billion) debt ceiling, with the risk of debt distress rising to
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Source: allAfrica.com
Tanzania: How Zanzibar Strives to Increase Revenue Collection
[Daily News] THE 8th phase government started on 3rd November last year when President Hussein Ali Hassan Mwinyi took an oath of office mentioning reforms to improve tax administration as among his priorities.
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Source: allAfrica.com
Uganda: Only 1 Million Ugandans Are Paying Taxes, Says Ura
[Monitor] Uganda Revenue Authority statistics reveal that only one million people in Uganda are paying taxes despite the large population engaged in economic activities.
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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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At UPMC, the money kept coming in, even when the patients didn’t | New Pittsburgh Courier
by Rich Lord Surgeries, emergency room visits and inpatient admissions plunged at UPMC’s Western Pennsylvania facilities during the healthcare giant’s most recent fiscal year, but its wealth continued to grow. This month, UPMC released annual disclosures to the Internal Revenue Service, which
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Source: New Pittsburgh Courier - Powered by Real Times Media
Trinidad PM blasts ‘disrespectful’ T&T Chamber CEO
(Trinidad Guardian) Prime Minister Dr Keith Rowley yesterday launched a scathing attack on T&T Chamber of Industry and Commerce CEO Gabriel Faria, saying he had a “disrespectful mouth” and an “acid
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Source: Stabroek News - Guyana's Most Trusted Newspaper
Elon Musk homeless! Billionaire sells last house to fund Mars 'property market'
Tesla and SpaceX CEO Elon Musk said that he has already sold all his other houses to fund a Mars colony.
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Source: South African News | Online News | The South African
GCA signals intention of restarting cricket - Stabroek News
Chairman of the Georgetown Cricket Association (GCA) Competitions Committee, Shaun Massiah has signalled his intention of approaching the government over the resumption of cricket in Georgetown. The article GCA signals intention of restarting cricket appeared first on Stabroek News.
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Source: Stabroek News - Guyana's Most Trusted Newspaper
Statewide eviction moratorium extended through August; Pittsburgh’s revenue takes hit from pandemic | New Pittsburgh Courier
Continuing the county’s triple-digit case streak Wednesday, the Allegheny County Health Department [ACHD] announced 158 new COVID-19 infections and 12 new hospitalizations. No new deaths were announced. Thursday’s announcement brings the total case count to 4,367 infections, 196 deaths and 443 past
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Source: New Pittsburgh Courier - Powered by Real Times Media
Uganda’s $12b budget offers tax waivers, credit access to SMEs
In a bid to get the Ugandan economy moving again after nearly three months of lockdown to curb the spread of coronavirus, the government on June 11 presented a budget offering a host of tax waivers and funding for the business
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Source: The East African
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How do we close the economic divide? | L.A. Focus News
The Public Policy Institute of California (PPIC) is one of the state’s treasures, supplying invaluable, in-depth research into our thorniest issues such as water, housing, transportation and, most importantly, the state’s socioeconomic fragmentation. California’s politicians rarely make any
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Source: La Focus Newspaper
Clarke pledges tax write-off reform
The Holness administration is to “immediately improve” the tax write-off system to make it more transparent following a Sunday Gleaner report involving $4 billion wiped away since 2018, Finance and Public Service Minister Dr Nigel Clarke has said...
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Source: Jamaica Gleaner
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Blacksburg tax district helps fund new parking garage
BLACKSBURG, Va. (WDBJ) -Blacksburgs City Council voted Tuesday night time to approve a brand new particular tax district to assist pay for a part of a brand new parking storage.…
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Source: The Black Chronicle
Industrialists eye cheaper loans to boost recovery
The makers of goods are pushing for faster processing of Value Added Tax refunds to pump liquidity.
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Source: Business Daily
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
Kenya: Finance Bill Will Ensure That All Multinationals Pay Taxes
Opinion - Kenya, like many sovereign states, has measures in place to ensure that multinational corporations (MNCs) pay their fair share of taxes in line with the revenues derived or accrued in Kenya.
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Source: allAfrica.com
Rwanda: How Government Will Fund 2020/21 Budget Amidst Financial Constraints
[New Times] Unlike previous budgets, the 2020/21 budget presented to parliament earlier this week did not specify any new fiscal policies to boost revenue mobilization.
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Source: allAfrica.com
Indian Government Faces Backlash Over Lack of Response to Rising Mental Health Issues | The Florida Star | The Georgia Star
Opposition parties in the Rajya Sabha, the upper house of India's parliament, this week questioned the government for its failure to respond to increasing cases of mental health issues during the pandemic. During parliament's session on Sept. 14, the opposition was led by members of the Congress
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Source: The Florida Star
Will Californians pass new taxes?
(CALMATTERS) – As Gov. Gavin Newsom and the Legislature continue to negotiate a budget, some cities are floating new taxes to stave off cuts to public programs, while state tax hikes on the November ballot are taking on a new meaning in light of California’s projected $54 billion
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Source: The Sacramento Observer
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Trump signs executive actions after stimulus talks break down on Capitol Hill | The Atlanta Voice
President Donald Trump tried to assert executive power by signing four actions on coronavirus relief Saturday, one of which will provide as much as $400 in enhanced unemployment benefits after Democrats and the White House were unable to reach an agreement on a stimulus bill this week. But that
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Source: The Atlanta Voice
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Nigeria: Tax Certificate a Must to Access Public Services in Edo
[Daily Trust] The Edo State Government has disclosed that it is considering making tax clearance certificates a precondition for accessing public services and some commercial transactions in the state.
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Source: allAfrica.com
Uganda: Government Spent Shs2.037 Trillion in March - Finance
[Monitor] The total government expenditure in the month of March 2021 stood at Shs2.037 trillion representing a performance of 83.2 per cent, which is below Shs2.448 trillion that the government had planned to spend in March 2021.
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Source: allAfrica.com
Retirement Contribution Limits Announced For 2021 By IRS
IRS introduced the retirement contribution limits for 2021. getty The Inner Income Service (IRS) not too long ago introduced some changes to the earnings limitations on retirement account contributions for…
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Source: The Black Chronicle
PNP says Gov't must change course on SOE
Senator Donna Scott-Mottley, leader of opposition business in the Senate, says it is not too late for the government to change course in light of the judgment by the Supreme Court that the detention of persons under the State of Emergency (SOE...
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Source: Jamaica Gleaner
Ghana: No New Taxes On Power Consumption - GRA
The Ghana Revenue Authority (GRA) says no new taxes have been or are being levied on power consumption in the country as being circulated on social and mainstream
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Source: allAfrica.com
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ZHRC fights in rights defenders’ corner – NewsDay Zimbabwe
BY PRAISEMORE SITHOLE THE Zimbabwe Human Rights Commission (ZHCR) has pleaded with government to provide a safe and secure operating environment for human rights defenders. The appeal, which came at a time President Emmerson Mnangagwa is under global spotlight over gross human rights
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
Uganda: Govt Seeks Shs700b in Supplementary Budget
[Monitor] As government prepares the budget for the next financial year, it will need to appropriate funds to the most productive sectors of the economy placed in a chokehold by the Covid-19 pandemic.
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Source: allAfrica.com
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
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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