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CGT

Ayodele Subair

Lagos revenue agency directs employers to deduct 10% as tax from terminal benefits

The Lagos Inland Revenue Service (LIRS) has directed employers to deduct capital gains tax (CGT) from any sum paid to employees on termination of their services.
Tear gas floats in the air near the Arc de Triomphe as protesters wearing yellow vests, a symbol of a French drivers' protest against higher diesel taxes, demonstrate in Paris, France, December 1, 2018. REUTERS-Stephane Mahe

300 detained as Paris braces for ‘yellow vest’ protests

Paris police detained nearly 300 people Saturday ahead of fresh anti-government “yellow vest” protests which authorities fear could turn violent for a third weekend in a row.

SERAP: Tax evasion fueling poverty in Nigeria

A report by the Socio-Economic Rights and Accountability Project (SERAP), realised in Lagos yesterday, has revealed how failure of multinational companies to pay Capital Gains Tax (CGT) on over $8 billion oil and gas assets sold to Nigerian entities fuels poverty, underdevelopment and inequality in Nigeria

Femi Falana: It’s a shame we don’t know how much oil Nigeria is producing

Human Rights Lawyer, Femi Falana, said it was shameful that there was no accurate record of the volume of crude oil being produced in Nigeria daily.

Eiffel Tower: Workers plan strike over new access policy for visitors

Eiffel Tower workers are planning to strike this week over a new access policy for visitors which they say is generating “monstruous” waits at the famous tourist landmark, union officials said Monday.

Thousands march in France against Emmanuel Macron reforms

Tens of thousands of people took to the streets across France on Saturday to demonstrate against Emmanuel Macron’s policies, but the turnout fell short of expectations and the president said nothing would stop his economic reforms.

FIRS generates N1.7 trillion in first quarter 2018

The Federal Inland Revenue Service (FIRS) generated N1.17 trillion in the first quarter of 2018 from the collection of different tax types.

France’s Emmanuel Macron faces mass protests as opponents join forces

President Emmanuel Macron faced mass protests Thursday as trade unionists seek to galvanise angry students, public sector workers and striking train drivers into a joint movement against his multi-pronged drive to overhaul the French economy.

President Emmanuel Macron reform drive is make-or-break for French unions

Facing a wave of reforms by President Emmanuel Macron touching nearly every aspect of daily life, French unions kick off a wave of strikes Tuesday that analysts say will test how much weight they still carry.

Mass protests against Emmanuel Macron reform plans as strikes hit trains, air travel

Hundreds of thousands took to the streets in France on Thursday as strikes for pay rises and against President Emmanuel Macron’s reform plans disrupted train and air travel.

VAIDS: Tax evaders’ll be exposed – Tunde Fowler

Chairman of the Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has urged members of the Institue of Directors (IoD) to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS).

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Hundreds of demonstrators, in defiance of a ban of protests, rallied in the Algerian capital against a bid by ailing President Abdelaziz Bouteflika for a fifth term in office.

Algerians protest against President Bouteflika’s bid for fifth term

Hundreds of demonstrators, in defiance of a ban of protests, rallied in the Algerian capital against a bid by ailing President Abdelaziz Bouteflika for a fifth term in office.

Elections: Rivers APC kicks as INEC chairman claims every judgment has been obeyed

The Director of Strategic Communications for the All Progressives Congress (APC) governorship candidate in Rivers State, Tonye Cole, Prince Tonye Princewill, has expressed dissatisfaction with the Chairman, Independent National Electoral Commission (INEC), Prof. Yakubu Mahmood, over the claim that all court judgments have been obeyed by the electoral umpire as regards the state.

Elections: Police summon APC Reps member over Kano violence

The police in Kano on Friday ‘invited’ a member of the House of Representatives, Abdulmumin Jibrin, over his alleged role in a bloody clash between members of the PDP and APC in Bebeji Local Government Area.

Elections: Liberia’s Ellen Sirleaf urges politicians to maintain peace, adhere to rule of law

Head of the ECOWAS Election Observetion Mission (EOM), former Liberia’s President, Ellen Johnson-Sirleaf, has urged Nigerians, particularly the political class, to sustain the peace that characterised the postponement of the Presidential and National Assembly elections and also conduct themselves according to the laws of the land as they go to the polls Saturday.

Policeman, thugs arrested for branding private vehicles in police colours

An unidentified police inspector was arrested on Thursday at a hotel in Ewet Housing Estate for aiding some people to brand two private vehicles in police colour.