Currencies29192
Market Cap$ 2.46T-2.24%
24h Spot Volume$ 56.79B+28.2%
DominanceBTC52.10%+0.09%ETH17.28%+3.24%
ETH Gas11 Gwei
Cryptorank
MainNewsFederal Gove...

Federal Government of Nigeria Charges Binance With Tax Evasion: Details


Mar, 25, 2024
< 1 min read
by CoinEdition
Binance Faces Tax Evasion Charges in Nigeria
  • Nigeria’s FIRS has taken legal action against Binance for alleged tax evasion.
  • The charges include failure to pay VAT, company income tax, and failure to file tax returns.
  • Two Binance executives are currently in the custody of the Economic and Financial Crimes Commission.

Nigeria’s Federal Inland Revenue Service (FIRS) has taken legal action against crypto giant Binance for alleged tax evasion. On March 25, the FIRS filed a criminal charge before the federal high court in Abuja, accusing Binance of multiple counts of tax evasion. Details of the charges were captured in local media, TheCable.

The lawsuit, designated as suit number FHC/ABJ/CR/115/2024, implicates Binance alongside two senior executives, Tigran Gambaryan and Nadeem Anjarwalla. According to the report, these Binance executives are currently in the custody of the Economic and Financial Crimes Commission (EFCC).

The charges against Binance include failure to pay value-added tax (VAT), company income tax, failure to file tax returns, and complicity in aiding customers to evade taxes through its platform. Additionally, Binance is accused of failing to register with the FIRS for tax purposes and co…

The post Federal Government of Nigeria Charges Binance With Tax Evasion: Details appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Binance Welcomes zkSync (ZK) to Its Platform with Airdrop Bonus

Binance Welcomes zkSync (ZK) to Its Platform with Airdrop Bonus

Binance, the leading cryptocurrency exchange, has listed zkSync (ZK), a Layer 2 scali...
Jun, 17, 2024
< 1 min read
by CoinEdition
Nigeria Drops Tax Evasion Charges Against Binance Executives

Nigeria Drops Tax Evasion Charges Against Binance Executives

The executives are still defendants in a money laundering case brought by the EFCC.
Jun, 16, 2024
2 min read
by CryptoPotato
MainNewsFederal Gove...

Federal Government of Nigeria Charges Binance With Tax Evasion: Details


Mar, 25, 2024
< 1 min read
by CoinEdition
Binance Faces Tax Evasion Charges in Nigeria
  • Nigeria’s FIRS has taken legal action against Binance for alleged tax evasion.
  • The charges include failure to pay VAT, company income tax, and failure to file tax returns.
  • Two Binance executives are currently in the custody of the Economic and Financial Crimes Commission.

Nigeria’s Federal Inland Revenue Service (FIRS) has taken legal action against crypto giant Binance for alleged tax evasion. On March 25, the FIRS filed a criminal charge before the federal high court in Abuja, accusing Binance of multiple counts of tax evasion. Details of the charges were captured in local media, TheCable.

The lawsuit, designated as suit number FHC/ABJ/CR/115/2024, implicates Binance alongside two senior executives, Tigran Gambaryan and Nadeem Anjarwalla. According to the report, these Binance executives are currently in the custody of the Economic and Financial Crimes Commission (EFCC).

The charges against Binance include failure to pay value-added tax (VAT), company income tax, failure to file tax returns, and complicity in aiding customers to evade taxes through its platform. Additionally, Binance is accused of failing to register with the FIRS for tax purposes and co…

The post Federal Government of Nigeria Charges Binance With Tax Evasion: Details appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Binance Welcomes zkSync (ZK) to Its Platform with Airdrop Bonus

Binance Welcomes zkSync (ZK) to Its Platform with Airdrop Bonus

Binance, the leading cryptocurrency exchange, has listed zkSync (ZK), a Layer 2 scali...
Jun, 17, 2024
< 1 min read
by CoinEdition
Nigeria Drops Tax Evasion Charges Against Binance Executives

Nigeria Drops Tax Evasion Charges Against Binance Executives

The executives are still defendants in a money laundering case brought by the EFCC.
Jun, 16, 2024
2 min read
by CryptoPotato