BREAKING: Court adjourns Binance tax evasion case till

BREAKING: Court adjourns Binance tax evasion case till
Pls share this post


Listen to this article

A Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its executives.

The Federal Inland Revenue Service had dragged the firm to court for tax evasion.

Also joined in the suit are officials of the company, Tigran Gambaryan, and fleeing Nadeem Anjarwalla.

In the suit marked: FHC/ABJ/CR/115/2024, Binance was accused of failing to register with the FIRS for the purpose of paying all relevant taxes administered by the service.

The FIRS also alleged that while it was offering taxable services to subscribers on its trading platform, the company failed to issue invoices to the subscribers for the purposes of determining and payment of its Value Added Taxes.

The matter was adjourned on Thursday following the FIRS’ inability to serve Gambaryan the charges in EFCC custody.

The alleged money laundering case instituted by the EFCC is underway.

Source



Pls share this post
READ ALSO  Nigeria breaking up informally, stop taking us for a ride – Soyinka to govt
Previous articleParis 2024 Qualifier: Full house in Abuja as Oshoala hits Super Falcons camp
Next articleEFCC Arrests, Detains Bobrisky In Lagos