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Tag Archives: taxation

NSSF trashes proposal to tax savers benefits in new bill

Kampala, Uganda | THE INDEPENDENT |  The National Social Security Fund (NSSF) has said that the government should consider leaving the taxation issue out of new NSSF bill, 2019, because of the anxiety it sparked among the savers. The government had suggested that workers who wish to withdraw their savings at …

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Japan starts $9 departure tax for travellers

Tokyo, Japan | AFP | Japan on Monday started levying a 1,000 yen ($9.22) departure tax on each person leaving the country, a measure aimed at raising funds to further boost tourism. The International Tourist Tax will cover everyone regardless of nationality — from business people to holidaymakers older than …

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Now, S.Africa’s ex-president Zuma backs fired tax boss

Johannesburg, South Africa | AFP |  South Africa’s former president Jacob Zuma on Tuesday threw his weight behind the ex-head of the country’s tax collection agency who was recently sacked by President Cyril Ramaphosa. The move pitted Zuma directly against his successor Ramaphosa, who came to power in February when …

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South African president fires tax boss Moyane

Johannesburg, South Africa | AFP |  South Africa’s President Cyril Ramaphosa on Thursday sacked the head of the country’s tax collection agency, an ally of scandal-tainted former leader Jacob Zuma, said the presidency. The president dismissed Tom Moyane after a judiciary inquiry recommended his immediate removal “to forestall any further …

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Macron says will scrap ‘exit tax’ on high-earners

Paris, France | AFP | French President Emmanuel Macron intends to scrap a 30 percent “exit tax” on top-earners who transfer their assets outside of France, in a bid to boost the attractiveness of the country for foreign investors. The levy was introduced in 2012 under former rightwing president Nicolas …

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US judge jails rapper DMX one year for tax fraud

New York, United States | AFP |  A US federal judge on Wednesday sentenced troubled American rapper DMX, best known for his taunting song “Party Up (Up in Here),” to one year behind bars for tax fraud. The 47-year-old rapper and actor, real name Earl Simmons, pleaded guilty last November …

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Christian holy site in Jerusalem ends protest shutdown

Jerusalem, Undefined | AFP | Christian leaders in Jerusalem said that they would on Wednesday reopen the ancient Church of the Holy Sepulchre, closed since the weekend in protest at Israeli tax measures. The announcement came hours after Israeli Prime Minister Benjamin Netanyahu’s office said a “professional team” would be appointed …

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