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July 17, 2024
Uncertainty had surrounded the implementation of withholding tax in Nigeria. To address it, the Ministry of Finance introduced the Deduction of Tax at Source (Withholding) Regulations 2024 (the Regulations) on...
April 16, 2024
After the “Renewed Hope Budget”, Nigeria’s first quarter of 2024 stayed busy on the fiscal front. The Federal Government and its agencies kept working to increase revenue and ensure optimum...
January 15, 2024
As 2023 drew to a close, the Nigerian tax landscape remained a vibrant arena of activity and evolution. The past year saw the Nigerian government’s efforts to bolster tax revenue...
August 14, 2023
The second quarter of the year 2023 had an interesting start. It commenced with heightened curiosity as to what to expect after the general elections which ushered in a new...
July 12, 2023
Following the issuance of a public notice by the Federal Inland Revenue Service(FIRS) to International Shipping Companies (ISCs) deriving income in Nigeria to regularize their tax compliance status, the FIRS...
April 17, 2023
The Nigerian tax space in 2023 began with the signing of the 2023 Appropriation Bill into law by the President; this was shortly followed by the omnibus Business Facilitation Act...
February 27, 2023
In 2022, the Nigeria’s government intensified its drive to boost tax revenue generation. The year witnessed important tax legislations and policies, which increased compliance requirements and strengthened tax administration at...
February 9, 2023
As the Nigerian government continues its revenue drive, questions on the exercise of fiscal powers continue to arise. In Wheatbaker Investments and Properties Limited v. Economic and Financial Crimes Commission...
May 13, 2022
The FIRS in a recent public notice requested that all companies submit their Certificates of Fixed Assets Acceptance (CAFA) on Qualifying Capital Expenditures (QCEs) for capital allowances enjoyed between 2016...
February 17, 2022
In what may be regarded as a breakthrough for players in the manufacturing sector in Nigeria, the Tax Appeal Tribunal provided clear parameters for the determination of “Stock in Trade”...
July 17, 2024
Uncertainty had surrounded the implementation of withholding tax in Nigeria. To address it, the Ministry of Finance introduced the Deduction of Tax at Source (Withholding) Regulations 2024 (the Regulations) on...
April 16, 2024
After the “Renewed Hope Budget”, Nigeria’s first quarter of 2024 stayed busy on the fiscal front. The Federal Government and its agencies kept working to increase revenue and ensure optimum...
January 15, 2024
As 2023 drew to a close, the Nigerian tax landscape remained a vibrant arena of activity and evolution. The past year saw the Nigerian government’s efforts to bolster tax revenue...
August 14, 2023
The second quarter of the year 2023 had an interesting start. It commenced with heightened curiosity as to what to expect after the general elections which ushered in a new...
July 12, 2023
Following the issuance of a public notice by the Federal Inland Revenue Service(FIRS) to International Shipping Companies (ISCs) deriving income in Nigeria to regularize their tax compliance status, the FIRS...
April 17, 2023
The Nigerian tax space in 2023 began with the signing of the 2023 Appropriation Bill into law by the President; this was shortly followed by the omnibus Business Facilitation Act...
February 27, 2023
In 2022, the Nigeria’s government intensified its drive to boost tax revenue generation. The year witnessed important tax legislations and policies, which increased compliance requirements and strengthened tax administration at...
February 9, 2023
As the Nigerian government continues its revenue drive, questions on the exercise of fiscal powers continue to arise. In Wheatbaker Investments and Properties Limited v. Economic and Financial Crimes Commission...
May 13, 2022
The FIRS in a recent public notice requested that all companies submit their Certificates of Fixed Assets Acceptance (CAFA) on Qualifying Capital Expenditures (QCEs) for capital allowances enjoyed between 2016...
February 17, 2022
In what may be regarded as a breakthrough for players in the manufacturing sector in Nigeria, the Tax Appeal Tribunal provided clear parameters for the determination of “Stock in Trade”...