News from Taxes
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Taxes · StockportANGELA Rayner’s dad has cast doubt over her claims in her home sale tax row. Martin Bowen said the Deputy Labour leader was flitting in and out of the property, bringing into question her defence from allegations she dodged capital gains tax. AFPAngela Rayner’s dad has cast doubt over her claims in her home sale tax row[/caption]
Steve AllenMartin Bowen says his daughter ‘flitted’ between her house and her husband’s property[/caption]
He said th…See the Story
Angela Rayner home mystery deepens after dad says she 'flitted' between houses
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Taxes · NigeriaThe organised labour, on Friday, shut down the headquarters of the Nigeria Social Insurance Trust Fund (NSITF) in protest over the alleged non-remittance of N2.1 billion in consequential taxes deducted from workers’ salaries. Led by Trade Union Congress (TUC) president, Festus Osifo, and executive members of the Association of Banks, Insurance, and Financial Institutions (ASSBIFE), the protesters took to the streets, demanding action. Osifo stat…See the Story
Workers Shut NSITF Over N2.1bn Unremitted Salary Taxes
Vaccines · Federal DistrictConsumption tax reform legislation proposes a tax exemption for 383 drugs and vaccines, including vaccines against rabies-19, dengue and yellow fever. The text, sent to National Congress on Wednesday, 26th, proposes a further 60 percent reduction in the lion's share of 850 drugs. Among the lion's share of drugs, are vaccines against rabies-19, dengue, yellow fever, flu, cholera, poliomyelitis and measles, as well as substances like insulin (used…See the Story
Reform calls for vaccination against measles, dengue and yellow fever.
Taxes · BrazilAlong with drinking and cigarettes, alcoholics and over-processed beverages have been added to the list of products to be taxed with the selective tax. Known as "" sin tax, "" it's high to take care of sales, which is contained in a bill that defines the rules of regulation as well as tax reform. Read moreSee the Story
If high taxes were going to solve the problem, Brazil would be a hellhole, says an executive.
Taxes · IndiaThe government may need to reconsider the tax incentives offered to units in the International Financial Services Centre (IFSC) in Gujarat due to the impact of Pillar Two of the Base Erosion Profit Sharing framework, according to a Deloitte report. Pillar Two aims to ensure that large multinational companies pay a minimum effective rate of tax of 15% on profits in all countries. Units in IFSC may not have enough employees and assets to avail of …See the Story