The Nation Newspaper BREAKING: FG charges Binance with tax evasion, others
The lawsuit, filed at the Federal High Court in Abuja under case number FHC/ABJ/CR/115/2024, accuses Binance of four separate tax offenses.
According to the FIRS: “The Federal Government also accused Binance of failure to register with FIRS for tax purposes and contravening existing tax regulations within the country. The FIRS emphasised its commitment to enforcing tax regulations and tackling financial misconduct within the cryptocurrency sector.
The lawsuit comes after Binance pleaded guilty to violating anti-money laundering laws in the United States in late 2023. This lawsuit represents a major development in regulating cryptocurrency activities in Nigeria.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BREAKING: FG charges Binance with tax evasion, othersThe Nation Newspaper BREAKING: FG charges Binance with tax evasion, others
Read more »
BREAKING: Fresh trouble for Binance as FG files tax evasion chargesA Trusted Nigerian Newspaper
Read more »
BREAKING: Senate passes Student Loan Act BillThe Nation Newspaper BREAKING: Senate passes Student Loan Act Bill
Read more »
BREAKING: Reps pass bill on salaries, allowances for judicial office holdersThe Nation Newspaper BREAKING: Reps pass bill on salaries, allowances for judicial office holders
Read more »
BREAKING: Service Chiefs, senators in closed-door meeting over soldiers’ killing in DeltaThe Nation Newspaper BREAKING: Service Chiefs, senators in closed-door meeting over soldiers’ killing in Delta
Read more »
BREAKING: CBN settles all FX backlog as external reserves rise to $34.11bnThe Nation Newspaper BREAKING: CBN settles all FX backlog as external reserves rise to $34.11bn
Read more »