milemimi93:
Sai baba

jaxxy:


Even if u over/double tax and fight corruption if u don't have a good understanding of how the economy works u are inevitably bound to fail.

chronique:


Eeya, poor thing. You wish I was like you but unfortunately, God done win for my life. Focus on your frsc job hunt and pray they employ you to stand by the roadside to check for vehicles with expired tyres. But in case you do not make it, I'd be willing to employ you as a cleaner at home cos my current cleaner isn't doing the job too well. You can think about it and give it a try. I pay well though.

OkaNaUbe:
How possible? Is it within Nigeria's jurisdiction to tax offshore assets


Maybe you will collect it from Daura.

Nbote:
Lolzzz... With each passing day dis govt jus proves how absolutely clueless dey are... How do U expect to collect taxes on properties in other countries? Are U d one providing infrastructures and facilities those properties enjoy?



Reading is one thing understanding is anoda thing... Im now certain U ppl have mucus in ur heads for brains... If U cannot read and cannot understand, don't go about exposing how dumb U are... Here's wat d UK legislation says...
[b]
On December 11, the Government published draft legislation outlining new taxes and charges which will have to be paid by offshore companies which own property in the UK. Although a consultation document on the topic was issued in May, there have been some significant changes since then – and property owners should start to plan accordingly before the laws come into force.
The main features of the proposed legislation will affect properties which are valued at more than £2 million and which are owned by “non-natural persons”. (This is a reference to foreign companies, partnerships, funds and the like, not to persons with strange personal habits.)
Previously many foreign buyers of UK property have chosen to register their properties in the name of an offshore company in order to eradicate UK inheritance tax (IHT), which would otherwise be charged at 40 per cent on the whole value of the property, after allowances, upon the death of the owner. Offshore company ownership also facilitated the avoidance of stamp duty (SDLT), as any subsequent sale of the property could be affected by a transfer of the shares in the company, leaving the title to the property in the UK unaltered.
But all that is about to change. Offshore companies which own property worth over £2 million will now be faced with:
1. An annual charge of a minimum of £15,000 and a maximum of £140,000 depending on value. The new tax is called Annual Residential Property Tax (ARPT)

[/b]

Which part of dis document says d UK taxes it's citizens for foreign properties abeg?? D document simply says d UK will now tax OFFSHORE COMAPNIES who own PROPERTIES IN THE UK!!!! not in their countries

Daboomb:
`


You cant even write coherently!?
Just read the gibberish you wrote up there..... cant make any sense out of it.

Ihateyoumod:


Like I said u can claim to be dangotes business partner........doesn't border me. Empty barrels they say make d loudest noise.

Nbote:
Lolzzz... With each passing day dis govt jus proves how absolutely clueless dey are... How do U expect to collect taxes on properties in other countries? Are U d one providing infrastructures and facilities those properties enjoy?



Reading is one thing understanding is anoda thing... Im now certain U ppl have mucus in ur heads for brains... If U cannot read and cannot understand, don't go about exposing how dumb U are... Here's wat d UK legislation says...
[b]
On December 11, the Government published draft legislation outlining new taxes and charges which will have to be paid by offshore companies which own property in the UK. Although a consultation document on the topic was issued in May, there have been some significant changes since then – and property owners should start to plan accordingly before the laws come into force.
The main features of the proposed legislation will affect properties which are valued at more than £2 million and which are owned by “non-natural persons”. (This is a reference to foreign companies, partnerships, funds and the like, not to persons with strange personal habits.)
Previously many foreign buyers of UK property have chosen to register their properties in the name of an offshore company in order to eradicate UK inheritance tax (IHT), which would otherwise be charged at 40 per cent on the whole value of the property, after allowances, upon the death of the owner. Offshore company ownership also facilitated the avoidance of stamp duty (SDLT), as any subsequent sale of the property could be affected by a transfer of the shares in the company, leaving the title to the property in the UK unaltered.
But all that is about to change. Offshore companies which own property worth over £2 million will now be faced with:
1. An annual charge of a minimum of £15,000 and a maximum of £140,000 depending on value. The new tax is called Annual Residential Property Tax (ARPT)

[/b]

Which part of dis document says d UK taxes it's citizens for foreign properties abeg?? D document simply says d UK will now tax OFFSHORE COMAPNIES who own PROPERTIES IN THE UK!!!! not in their countries

Jaideyone:
see a lot of illiterates insulting buhari when it's obvious developed countries have similar laws


a simple Google search could have saved this multitude from embarrassing themselves.


btw 99.9999% of the people crying don't even own a pin abroad o


https://www.telegraph.co.uk/finance/personalfinance/expat-money/9760320/How-to-escape-the-offshore-property-tax-trap.html

https://international-adviser.com/surprise-dip-offshore-held-property-tax/


https://www.which.co.uk/money/tax/income-tax/tax-on-property-and-rental-income/tax-on-overseas-property-acq0f5m4vw5v

Livefreeordieha:
u are a dafttttt person..Very watery personality u must possess.. I doubt ur sanity...U don't knock a child and still ask the child not to cry.....Discourage them from investing abroad..??.Guy gerraout from cyberspace before ogun use ur blood learn swimming Olympics..so they should come invest in corruption,backwardness in barbaric manner ofcourse.,kidnappings,ridiculous light tarriffs that is not provided though,no good roads no government security...In a quick wrap we Nigerians provide everything even ordinary pipeborne water that is ur fundamental human right to av from infantry same is access to health care until u turn 18....Don't say diz type of nonsense again in public u will only be inviting reproach and disgusts to ursef..

Timi1990:


There are average Nigerians who have assets in Ghana , South Africa, Uk and USA ; the reason why they invest in those countries is because of their stable economy, security of assets and social infrastructure available. Tell me if any of this is available in Nigeria ?

sokera:
I should have argue with you but it’s difficult to argue with frustrated people, and again I don’t argue with illiterates

Daboomb:


I find the below, informative, especially the Chart.

**https://en.wikipedia.org/wiki/International_taxation**

I am trying to avoid the ban of spambot here.

This one explains their own in more details

**https://www.irishtimes.com/business/personal-finance/if-you-have-any-assets-overseas-you-need-to-read-this-1.3056747**


This here is also very informative but summarised:

**http://premieroffshore.com/which-countries-tax-worldwide-income/**

This one gives practical exmples, especially for the ignorant lots here who have been crying foul.

**https://taxfoundation.org/how-countries-define-their-income-tax-borders-0/**

The good thing is that One can renounce one's nationality while retaining the foreign/acquired nationality, as a lot of Americans are doing (wait times for Renounciation is as long as one year in U.S foreign embassies!) if you feel your country is taxing you too much and you are not getting any benefit from it.


Cunning-man die, Cunning-man bury him!

unitysheart:

Before you rant, check if USA and other countries do the same.
Google is your friend.

Jaideyone:
God bless you!!!

someone is seeing what is happening now.

Nigerians are too daft to appreciate a good leader

ebiem:
Even UK residents pay foreign income/investment taxes. Nigerians everything isn't politics, that's why even Fayose can make senseless sense sometimes, let's be civilised for once