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Lagos Government enforces 5% withholding...

Lagos Govt enforces 5% withholding tax on...

NANS fixes January 14 for...

NANS fixes January 14 for nationwide protest...

Lagos Government enforces 5% withholding tax on betting and gaming winnings

Lagos Govt enforces 5% withholding tax on betting and gaming winnings The Lagos State Government has commenced the enforcement of a 5 per cent withholding tax on gaming and betting winnings, directing all licensed operators in the state to begin immediate deductions at the point of payout. The directive, issued through the Lagos State Lotteries and Gaming Authority, mandates gaming companies to automatically deduct 5 per cent from players’ net winnings before disbursing funds. Chief Executive Officer of the Authority, Are Bashir, said the enforcement forms part of broader regulatory measures aimed...

Still on Tinubu’s...

Still on Tinubu's economic tax reform, by Abiodun Komolafe Nigerias tax reform is underway with four Executive Bills currently before the National Assembly. These bills...

Kenya Protests: 2nd...

Kenya Protests: 2nd death reported amid clashes over tax hikes A 21-year-old protester died after being hit by a tear gas canister during protests in...

Bread producers threaten...

Bread producers threaten nationwide strike over cost of baking materials Due to rising cost of baking items in the market, the Bakers Association of Nigeria...

Navigating the politics...

Navigating the politics of tax and economy gaps, by Adefolarin A. Olamilekan   One global concern for political economists and economists of either the classical, Keynesian...

President Tinubu appoints...

President Tinubu appoints Taiwo Oyedele to chair tax reforms committee  In consonance with his promise to remove all barriers impeding business growth in Nigeria, President...

Tinubu signs 4...

Tinubu signs 4 executive orders, suspends tax on telecoms, vehicles, others Story from Vivian DANIEL, Abuja In other to address worries raised by manufacturers and other...

FG seeks enhanced...

FG seeks enhanced relationships with foreign partners to improve tax administration Story from Musa Sakinat Abubakar Muhammad Nami, the Executive Chairman of the Federal Inland Revenue...

Sanusi Adebisi Idikan,...

Sanusi Adebisi Idikan, the entrepreneur who paid tax for the whole of Ibadan In a world of big names and propaganda, true heroes are often...

FCT-IRS mandates presentation...

FCT-IRS mandates presentation of tax clearance to obtain car registration, building approvals The Federal Capital Territory Internal Revenue Service (FCT-IRS) has revealed that FCT residents...
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