Italy Challenges Tech Giants Over VAT on User Data In a bold move that could have far-reaching implications for the tech industry, Italy is taking on tech giants over the issue of value-added tax (VAT) on user data. The dispute, which questions how digital services and personal data are valued under EU law, highlights the […]
Nigeria demands $81.5 billion from Binance over taxes and currency impact
Nigeria’s Lawsuit Against Binance: Unpacking the $81.5 Billion Demand Nigeria, a country at the forefront of cryptocurrency adoption in Africa, has recently made headlines by filing a lawsuit against the global cryptocurrency exchange, Binance. The lawsuit, brought by Nigeria’s Federal Inland Revenue Service (FIRS), demands a staggering $79.5 billion in damages for alleged economic losses, […]