Judex Okoro, Calabar Committed to enforcing Anti Tax laws, the Cross River state government has arreted twelve illegal tax and…
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Experts Flay Omission of Tax Professionals in CAC Board
Experts have faulted the non-representation of tax executives in the formation of Corporate Affairs Commission (CAC) Board in the upgraded…
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Nigeria: Tax Revenue Key to Funding Operations of Govt At All Levels – FIRS Executive Chairman, Muhammad Nami
Covid-19 pandemic has impacted negatively on the Government’s revenue sources. In June 2020, the Federation Accounts Allocation Committee (FAAC) shared…
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‘Tax revenue key to funding operations of govt at all Levels’
Mohammad Nami COVID-19 pandemic has impacted negatively on the Government’s revenue sources. In June 2020, the Federation Accounts Allocation Committee…
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Lagos defies court order, slams 5% tax on Netflix, Iroko TV, others – Punch Newspapers
Eniola Akinkuotu, Abuja Despite a Federal High Court judgment barring the Lagos State Film and Video Censors Board from levying…
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Nami: Tax Revenue Now Key to Funding Governments’ Operations
Muhammad Nami The COVID-19 pandemic has impacted negatively on revenue sources of government at all levels. The Executive Chairman of…
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Despite making profits, NNPC subsidiaries failed to pay tax in 2018 — Report
Five subsidiaries of the Nigerian National Petroleum Corporation (NNPC) have denied the Federal Government multibillion naira in taxes, according to…
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Gains, pains of tax reforms
The COVID-19 pandemic and the oil price crash have thrown Nigeria into unprecedented fiscal crisis. However, the battle to shore…
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Mühlbauer biometric tax ID cards for Congo, beta app problems for Africa’s largest digital ID system
Nigeria’s biometrics-backed ID ambitions have taken another twist as more people try the new government app to manage their identities…
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New York prosecutor investigating Trump for fraud in fight over tax records
District attorney Cyrus Vance made the disclosure in a court filing, arguing that Trump’s accounting firm should be forced to…
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Nigeria records zero revenue from luxury item tax
The Minister of Labour and Employment, Chris Ngige, has accused the suspended management of the Nigeria Social Insurance Trust Fund…
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Can the House of Representatives Order Tax Audits?
Introduction Recently the House of Representatives, through its Committee on Finance, announced “Investigation of Corporate Tax Returns (2006-2011)” at page…
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Supreme Court rules New York grand jury can subpoena Trump’s tax papers
U.S. President Trump: some body blows from Supreme Court By Harrison Arubu/New York The U.S. Supreme Court has ruled that…
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Shell, Exxon Units Push To Revive $2.7B Nigeria Tax Award
Law360 (July 8, 2020, 7:05 PM EDT) — ExxonMobil Corp. and Royal Dutch Shell PLC asked the Second Circuit to…
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Nigeria clarifies new tax on nonresident digital businesses–MNE Tax
By Gabriel Nwodo & Oluwapelumi Omoniyi, AELEX, Nigeria On 29 May, Nigeria’s Minister of Finance issued an order describing when…
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Tax Revenue Mobilization in Nigeria
Taxes remain the most sustainable and reliable source of public revenue of any modern state. According to recent estimates from…
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Re: widening the tax net: is osinbajo’s Executive Order correct?
Introduction My realized colleague and ThisDay Lawyer columnist, Abubakar D. Sani, on 8th August 2017 printed a bit titled: “Widening…
Read MoreTax Amnesty: A Step on the Ladder Out of Recession?
Introduction It’s not information that the Nigeria financial system is in recession: reflective of overseas trade challenges, rising inflation and…
Read MoreTax Litigation: Paradigm Shift on Notice of Refusal to Amend Assessment (NORA)
In a latest epochal determination, OANDO SUPPLY & TRADING LTD V FBIR (2001) four TLRN 113, the Lagos Zone of…
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