Tax

India launches massive tax reform as businesses brace up for tough time

Prime Minister Narendra Modi launched India’s biggest tax reform in its 70-year history, as businesses and citizens across the country…

Osinbajo gives tax evaders 9 months ultimatum to regularise tax status

Acting President Yemi Osinbajo on Thursday offered nine months grace period to tax payers to regularise their tax status or…

DMO sees N1.25trn local debt raising achievable in 2017

With N850 billion gross collection from its 2017 bond issuance, Nigeria’s Debt Management Office (DMO) now sees its N1.25 trillion…

Tax reform would modernize how U.S. taxes global business income

The U.S. government taxes American corporations on all income earned worldwide. With the highest top marginal tax rate in the…

Unprofitable subsidiaries becoming new tax haven for multinational corporations

Multinational corporations are moving income from their profitable, high-tax subsidiaries into unprofitable ones to save money on taxes, a University…

Tokyo Olympics cost twice the initial estimate: why?

Taxpayers beware: The cost of hosting an Olympics is likely to be far more than advertised. The price tag on…

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