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FG wants Binance to pay $79bn for economic loss fine, $2bn tax

Tribune Online FG wants Binance to pay $79bn for economic loss fine, $2bn tax In the new case, the Federal Inland Revenue Service (FIRS) is imposing demands and alleged liabilities, which include a 10% penalty for non-payment of income tax for the years 2022 and 2023. Additionally, there is a 26.75% interest rate applied—reflecting the prevailing Central Bank of Nigeria (CBN) lending rate per annum—starting from January 1, 2023, and January 1, 2024, respectively, along with other charges. FG wants Binance to pay $79bn for economic loss fine, $2bn tax Tribune Online


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