Colombian pop singer Shakira Ripoll appeared in a Spanish court on Thursday to defend herself against allegations of tax evasion amounting to 16.3 million dollars, her management firm said. During a 75-minute hearing in the city of Esplugues de Llobregat near Barcelona, where she lives, Shakira said she had always met her tax obligations in Spain and […]
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Spanish prosecutors have filed charges against Colombian singer Shakira, accusing her of failing to pay 14.5 million euros in tax ($16.3 million) in the country where her Spanish footballer partner plays. The charges were filed Friday in the Catalonia region, where the singer is a regular presence at matches of her partner Gerard Pique’s team, […]
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The Committee for the Protection of Peoples Mandate (CPPM), an activist group, has demanded that the Federal Inland Revenue Service (FIRS) produce tax receipts belonging to Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP). In a letter sent to the FIRS dated November 16, and signed by Nelson Ekujumi, the group’s national coordinator, […]
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UN Secretary-General Antonio Guterres has appealed to the international community to take action against the flow of illegal funds, money-laundering and tax evasion, which cost Africa 50 billion dollars every year. Guterres, who made the appeal in Addis Ababa at the Second Annual UN-African Union Conference, said African resources should remain in Africa to support […]
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US rapper Earl Simmons, popularly known as DMX faces prison time after he pleaded guilty to evading $1.7 million in tax payments on Thursday. Prosecutors said the 46-year-old rapper and actor avoided taxes by living virtually only on cash, without maintaining a bank account or filing required returns to the Internal Revenue Service. DMX admitted […]
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It has been revealed that only 214 Super rich Nigerians pay income tax in excess of N20 million yearly, the others simply evade tax payment. The minister of finance, Kemi Adeosun tabled this sobering information before the National Economic Council and blamed the situation on why Nigeria posts one of the lowest tax per GDP […]
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