Tag: Tax

Access Bank Reports -22.38% Fall in Half Year 2013 Profit After Tax

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Access Bank Plc Wednesday announced a -22.38 percent (-22.38%) fall in profit after tax (PAT) for its 2013 Half Year Report. From the result announcement of the bank to the Nigerian Stock Exchange (NSE) and obtained by InvestAdvocate, to record the fall of -22.38% […]

Berlusconi Tax Fraud Prison Sentence Confirmed

The former Italian Prime Minister, Silvio Berlusconi, has his prison sentence for tax fraud confirmed by the country’s top court.  The billionaire tycoon was told that his four-year sentence will was upheld, making it the first ever definitive conviction, in up to 30 court cases. However, three of the years […]

Tax Evasion Major Risk to Governments Revenue-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The International Monetary Fund (IMF) Tuesday said international tax avoidance and evasion have emerged as major risks to government revenue and as threats to the credibility of tax systems in the eyes of citizens— in both advanced and developing countries.   Christine Lagarde, Managing […]