These can increase your tax liability and also result in penalties, fines and notices from the tax department.

The Tribunal restored the Assessing Officer’s action after finding clear admission of issuing accommodation bills. Commission at 1% was rightly taxed on both bogus purchases and bogus ...

Nigeria’s relationship with cryptocurrency has never been simple, but it has always been significant. In a period of rapid ...

A reader wants to understand the tax benefits of making pension contributions to lower their tax liability as someone who ...

Nearly 1.5 million service members received the Warrior Dividend following President Donald Trump’s December 17, 2025 ...

As per the provisions of the Income-tax Act, 1961 (Section 43 of 1961) the interest on the SGBs is taxable. When an ...

House Bill 4216 is awaiting Senate action that could come within weeks. It’s a Republican-pushed measure that was revised ...

Tax laws shape how governments raise revenue and how citizens and businesses interact with the state. In Ghana, the Value ...

The Tribunal upheld taxation of enhanced compensation and interest under land acquisition after insertion of section 56(2)(viii). The ruling confirms that such receipts are taxable despite earlier ...

Discover 9 practical ways for maritime agents to cut costs and stay compliant under Nigeria's 2026 tax reforms. Maximize ...

If your student loan forgiveness is subject to taxes, any amount you receive in forgiveness is considered taxable income. This may end up pushing some people into a higher tax, which could lead to ...