28 Jun 2021
The Federal Government is set to utilise legal provisions empowering it to collect taxes on profits made by global technology and digital firms not based in Nigeria, but having significant economic presence in the country.
19 Jun 2021
In his current role as the Nigeria Executive Director on the Board of the African Development Bank in Abidjan, Cote D’Ivoire, Dr. Oyebode Oyetunde has continued to showcase excellence.
25 Apr 2019
President Muhammadu Buhari has disclosed that the federal government raked in about N34.67 billion in one year through the Voluntary Assets and Income Declaration Scheme (VAIDS).He spoke yesterday at the 21st annual conference of the Chartered Institute of Taxation of Nigeria (CITN).
23 Apr 2019
Mr. Kola Babarinde is a consummate tax practitioner who has passed through the rigours of learning and career development to attain the Fellowship of the Chartered Institute of Taxation of Nigeria (CITN). He is the Chairman of the 21st Yearly Tax Conference of CITN, which kicked off today, in Abuja. In this interview with Assistant…
3 Apr 2019
The Federal Government disclosed that it has approved tax amnesty and permanent waiver of criminal prosecution for owners of offshore assets who are willing to declare such assets.
12 Oct 2018
In recent times, the Nigerian government, in a quest to diversify the economy and increase tax revenue has introduced numerous measures to widen the tax base at the domestic level and internationally.
16 Sep 2018
On the 70th day after a detailed investigation revealed that the immediate past Finance Minister, Mrs. Kemi Adeosun used a fake National Youth Service Corps (NYSC) exemption certificate...
15 Jul 2018
The 2018 half year revenue performance report of the Federal Inland Revenue Service (FIRS) has shown that tax revenue improved by 42 per cent when compared to the same period in 2017.
5 Jul 2018
The Federal Executive Council (FEC) has approved N206 billion to facilitate the construction of associated infrastructures that would link the Second Niger Bridge in the southeastern part of Nigeria.
3 Jul 2018
In 2017, the Federal Government of Nigeria launched the Voluntary Asset and Income Declaration Scheme (VAIDS) as a “time-limited opportunity for taxpayers to regularise their tax status relating to previous tax periods and pay any taxes due. “In exchange for fully and honestly declaring previously undisclosed assets and income, tax payers will benefit from forgiveness…
20 Jun 2018
The Federal Government yesterday issued a directive to all Ministries, Departments and Agencies (MDAs) to verify all Tax Clearance Certificates
7 Jun 2018
The Federal Executive Council (FEC) yesterday approved the review of the country’s tax law system to exempt the charges of Value Added Taxes (VAT) on some goods and services.FEC had on February 1, 2017, approved the revised National Tax Policy...