What Entrepreneurs Should Know About Taxation

 

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I was having a conversation with a close friend; for the purpose of this write-up I will call her Patra. Patra and I have been friends for over 5 years. We met while I was in my second year in University. She was one friend that did everything better than me, from being a star student to being the best club hopper and now as a business woman she was very successful. She is that friend that challenges me.

The other day while we discussed on the state of Nigeria, since that is all there is to talk about these days; from fuel scarcity, potential increase in VAT, Ben Murray-Bruce’s ‘Common Sense’ epistles to Governor Fayose’s outbursts about the APC government and its officials, I casually asked her if she paid her taxes.

Continue reading “What Entrepreneurs Should Know About Taxation”

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Meet Team 29 – The informal collective of Young lawyers & Journalists

We love to share stories like this!

Al Jazeera covers this story of young lawyers in Russia protecting the rule of law and justice.

The Russian constitution protects the freedom of citizens to receive and distribute information. That at least is the theory.

However, it is not uncommon for citizens, by exchanging information, suddenly to find themselves facing charges of extremism or treason.

Some at the receiving end are turning to a team of young lawyers that is making a name for itself defending sensitive political cases involving people considered traitors by the state. Continue reading “Meet Team 29 – The informal collective of Young lawyers & Journalists”

Yukos v. Russia: The Largest Arbitral Award Ever

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Mikhail Khodorkovsky

In an historic arbitral award rendered on July 18, 2014, an Arbitral Tribunal sitting in The Hague under the auspices of the Permanent Court of Arbitration (PCA) held unanimously that the Russian Federation breached its international obligations under the Energy Charter Treaty (ECT) by destroying Yukos Oil Company and appropriating its assets.

The Tribunal ordered the Russian Federation to pay damages in excess of USD 50 billion to the majority shareholders of Yukos Oil Company. The Tribunal also ordered the Russian Federation to reimburse the shareholders USD 60 million in legal fees, which represented 75% of the fees incurred in the proceedings, and EUR 4.2 million in arbitration costs. This is by far the largest award ever rendered by an arbitral tribunal.  Continue reading “Yukos v. Russia: The Largest Arbitral Award Ever”

Serial: What is your Defence?

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Okay, so a friend of mine sent me a link to a podcast called Serial which uses investigative journalism to tell a true crime story. I am currently on Season one which I have almost finished and I had to share it with you guys, it is just…amazing!!

Season 1 investigated the 1999 murder of Hae Min Lee a popular 18-year-old senior at Woodlawn High School in Baltimore, Maryland, U.S.A who was last seen on January 13, 1999. The case was immediately treated as a homicide after her corpse was discovered in Leakin Park on February 9.

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Six weeks later detectives arrest her classmate and ex-boyfriend, Adnan Syed, for her murder. He says he’s innocent – though he can’t exactly remember what he was doing on that January afternoon. But someone can. A classmate at Woodlawn High School says she knows where Adnan was. The trouble is, she’s nowhere to be found. Continue reading “Serial: What is your Defence?”

International Day for the Elimination of Violence against Women

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Today, November 25th, is the International day for the elimination of violence against women. The United Nations explains why this is an international day with the following points:

  • Violence against women is a human rights violation
  • Violence against women is a consequence of discrimination against women, in law and also in practice, and of persisting inequalities between men and women

Continue reading “International Day for the Elimination of Violence against Women”

Unusual Laws around the World

Here are some shocking laws around the world. They shocked me and made me laugh so enjoy reading about these ridiculous rules, but don’t try to take them too seriously as laws keeps changing all the time. Well, some of these should!

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1. It is illegal to run out of fuel on the Autobahn(expressway) in Germany. 

Running out of gas on the legendary highway is illegal—and your troubles snowball from there. Say you do find the needle on “E” and have to pull over to walk it, in pursuit of gas. Walking along the Autobahn is illegal, too… not to mention terrifying. Continue reading “Unusual Laws around the World”