PRES. TRUMP AWARDED INAUGURAL FIFA PEACE PRIZE AT WORLD CUP DRAW IN WASHINGTON . (PHOTOS).

Image
 President Trump awarded inaugural FIFA Peace Prize at World Cup draw in Washington  Gianni Infantino, the FIFA President presented the honour onstage at the Kennedy Center for the Performing Arts on Friday, saying Trump had been selected “in recognition of his exceptional and extraordinary actions to promote peace and unity around the world”. “This is your prize, this is your peace prize,” Infantino said, after Trump took the stage to accept the trophy, a medal and certificate. “There is also a beautiful medal for you that you can wear everywhere you want to go.”   FIFA says the prize is for “individuals who help unite people in peace through unwavering commitment and special actions”.  Accepting the award, Trump called it “one of the great honours of my life”, before claiming to have “saved millions and millions of lives – the Congo is an example, over 10 million people killed and it was heading for another 10 million very quickly. India and Pakistan, so many diffe...

TAX: LAGOS MOVES TO SHUT DOWN HEADQUARTERS OF DEFAULTING COMPANIES+GIVES MONDAY DEADLINE TO REMIT ALL OUTSTANDING PAYMENTS.

No automatic alt text available.
     The Lagos State Government on Sunday said it will commence the process of shutting down the corporate headquarters of organisations in the State who have defaulted in remitting statutory taxes to government from Monday, November 20.
In a statement signed by the Commissioner for Finance, Mr. Akinyemi Ashade, the State Government said some banks have failed to remit statutory taxes including withholding taxes on bank interest for more than 10 years, stating that the Government has resolved to result to all lawful means to ensure compliance with statutory tax remittances.
He warned that any company found to have evaded tax would not be spared, adding that it is in the interest of defaulting companies and their management to remit the statutory taxes to the State within the grace period to avoid embarrassment to them and their shareholders.
“All law abiding corporate organisations are advised to adhere to this directive as the State Government has given enough grace period for them to remit their taxes. The Government will on Monday, November 20, commence the process of shutting down the headquarters of corporate organisations, including banks who have failed to remit statutory taxes to Government coffers. It is in the interest of companies who are yet to remit their taxes to do so on or before Monday,” Ashade said.
“Prompt payment of tax will enable the Government provide the necessary infrastructure and improve the standard of living of the people, but when people pay their taxes promptly, Government is encouraged to do more. The administration of Governor Akinwunmi Ambode has shown in the last two and half years that taxes paid are judiciously spent on projects that have impacted positively on the lives of Lagos citizens,” Ashade said.
It would be recalled that the State Government had last week directed all its revenue agencies to ensure prompt payment of taxes including land use charges and also commence enforcement of payment by all tax defaulters with immediate effect.The Government had lamented that many residents were not fulfilling their civic obligation of paying their taxes and that the prevailing situation would adversely affect government’s infrastructural renewal drive currently ongoing across the State, thus necessitating the decision to go all out to recover unremitted taxes.
No automatic alt text available.

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.