Tag Archives: tax

Tallinn, Estonia | AFP | Google and Facebook may face higher tax bills in Europe as the EU rushed Saturday to change rules so that more of Silicon Valley’s mega profits fall into public coffers. Public anger against the billions of euros earned by online behemoths is growing louder in Europe …

Kampala, Uganda | GODFREY SSALI | The Speaker of Parliament Rebecca Alitwala Kadaga has reassured Ugandans in the diaspora of tax waivers on any donations in form of medical and school supplies sent back home. Kadaga said that if laid down procedures are followed, arrangements can be made with the …

VIDEO: ‘Africa Loses 136 Shillings Trillion in Tax Incentives per Year ‘ Kampala, Uganda | NBS | African countries lose more than over 136 trillion shillings (the equivalent of 38.6 billion dollars) a year in tax incentives given to foreign investors. This revelation was made by Logan Wort, the executive secretary …

Lisbon, Portugal | AFP | Real Madrid forward Cristiano Ronaldo said Tuesday his “brilliance” annoys people, a day after he was quizzed by a Spanish judge investigating whether he evaded paying millions of euros in taxes. “What bothers people is my brilliance, insects only attack lamps that shine!!!!” the Portuguese wrote …

Madrid, Spain | AFP |  Real Madrid forward Cristiano Ronaldo denied hiding millions of euros in income at a court hearing near the Spanish capital on Monday where he was charged with tax evasion. The Portuguese — the world’s highest paid sportsman according to Forbes magazine — is the latest …

 Madrid, Spain | AFP |   Ending weeks of speculation about his future, Cristiano Ronaldo has told a Spanish newspaper he is staying put at Real Madrid to plunder more silverware. “To win important trophies with my club and the personal honours last season was brilliant, to do it again …

Kampala, Uganda | THE INDEPENDENT REPORTER |  Members of Parliament on the committee on Commissions, Statutory Authorities and State Enterprises (COSASE) have disagreed with Kampala Capital City Authority on its call to amend the law exempting people residing in their properties within Kampala from paying property rates. The MPs led …

Traders say increase in taxes, fees, will increase the cost of doing business The cost of living in Kampala is set to rise if the City Authority Council passes the new proposal seeking to slap new taxes and hike the existing ones on various services in a bid to raise …

Madrid, Spain | AFP |  Spanish prosecutors on Tuesday accused Real Madrid star Cristiano Ronaldo of evading 14.7 million euros in tax through offshore companies, the latest footballer to fall foul of fiscal authorities. The 32-year-old — the world’s highest paid athlete according to Forbes magazine — follows in the …

Kasaija asks for greater involvement by all Ugandans in implementing new budget   Finance Minister, Matia Kasaija has urged all Ugandans to roll up their sleeves and make a contribution towards the smooth implementation of the Shs 29 trillion budget for financial year 2017/18. He said in future, the Ministry …