Governor Muhammad Umaru Bago of Niger State has observed with dismay how petty traders and hawkers are being exploited with multiple taxes and has ordered the immediate ban on collecting taxes from them across the state. The governor announced the ban while speaking with the Government House press crew in Minna on Tuesday, 25th February…

Andersen, one of the world’s fastest-growing professional services firms, has launched Andersen Consulting, a global consulting practice that integrates business strategy, digital transformation, and AI-driven solutions with its renowned tax, legal, valuation, and global mobility expertise. As part of this expansion, Lagos-based Verraki Partners has joined the Andersen Consulting network, reinforcing the firm’s commitment to…

The House of Representatives, on Wednesday, passed the Tax Reform Bills through a second reading after an intense three-hour debate, with lawmakers overwhelmingly supporting the proposed legislation despite some reservations. The bills, which include the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment…

UN member states launched formal negotiations Monday on an international tax accord, aiming to create a "fair" system that addresses tax evasion by the super-wealthy and multinational businesses, among other issues.

India's finance minister unveiled broad income tax cuts on Saturday as Prime Minister Narendra Modi's government looks to bolster consumption and perk up a slowing economy. The world's most populous country is forecast to expand at its slowest pace since the Covid pandemic in the current fiscal year, after growing at more than eight percent…

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has sought collaboration with the Economic and Financial Crimes Commission (EFCC) to enhance tax compliance in the territory. The acting Executive Chairman of the Service, Mr. Michael Ango, solicited the partnership when he visited the Executive Chairman of the EFCC, Mr. Olanipekun Olukoyede, in Abuja on Wednesday.…

The Enugu Chamber of Commerce, Industry, Mines, and Agriculture (ECCIMA) has asked the state government to pursue a one-stop, unified tax payment system in the state. President of ECCIMA, Odeiga Jideonwo, said the system would prevent the multiple payment of the same tax to both the state and local governments at the same time. Speaking…

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has urged private companies, government’s Ministries, Departments and Agencies (MDAs) and other employers of labour in the territory to file their employee annual tax returns for 2024. The acting Executive Chairman, Mr Michael Ango, who made the call in a statement in Abuja on Sunday, said that…

Google, Netflix, META and other foreign companies operating in Nigeria paid ₦2.57 trillion in taxes to the federal government within the first nine months of 2024, according to the National Bureau of Statistics. The figure represents a 44% increase from the ₦1.79 trillion recorded during the same period last year, the NBS said. The NBS’s…

Kano State Government has targeted to generate over N20 billion in revenue in the 2025 fiscal year as part of the state’s critical tax reform

Authorities in Zimbabwe have said that churches across the country will start paying taxes. The Zimbabwe Revenue Authority (ZIMRA) disclosed this on Thursday in a statement directed at all churches. ZIMRA said the forum aims to address tax compliance across all applicable tax categories, as part of its commitment to transparency and compliance support. ZIMRA…

The Federal Government has unveiled a comprehensive tax reform agenda aimed at simplifying Nigeria’s tax system, eliminating over 50 redundant taxes, and ensuring fairness for individuals and businesses. Speaking at a briefing in Asaba, Delta State, the Director-General of the National Orientation Agency (NOA), Mallam Lanre Issa-Onilu, represented by Mrs. Rebecca Nasamu, stressed the need…