Nigeria Charges Binance, Detained Executives With Tax Evasion: Reports

Date:

Share post:



Nigeria Charges Binance, Detained Executives With Tax Evasion: Reports

The charges, which also name two Binance executives detained by the government, were announced by the Federal Inland Revenue Service (FIRS) and filed at the Federal High Court in Abuja, one outlet reported. The exchange is being charged with four counts of tax evasion, including “non-payment of Value-Added Tax (VAT), Company Income Tax, failure to tax returns, and complicity in aiding customers to evade taxes through its platform.”



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

How to Find the Best Cruise Deals, According to Experts

Cruising has become increasingly popular in recent years. But despite high demand, finding great cruise deals...

Introducing xStocks margin trading on Kraken Pro

TL;DR Unified, crypto-native margin infrastructure for tokenized equities:...

You Can Now Fly to Dollywood on a Plane Inspired by Dolly Parton’s ‘9 to 5’

Beloved theme park Dollywood is partnering with budget carrier Allegiant Air to launch a first-of-its-kind themed...

Inside the Prediction Markets: The Establishment Strikes Back

Prediction markets have spent the past two years trying to prove they belong. This week, the establishment...
Verified by ExactMetrics