88 results found

As data usage in Nigeria is fast becoming an inevitable part of business practices, the regulatory oversight of the National Information Technology Development Agency (NITDA)...

The Tax Appeal Tribunal (TAT or Tribunal), in Polaris Bank v. Abia State Board of Internal Revenue has made pronouncements on a number of different tax matters including:

As the 30 June Transfer Pricing (TP) returns filing deadline approaches, taxpayers and consultants are occupied with ensuring that their Related Party Transactions (RPTs) are well-documented...

The Nigeria Data Protection Regulation, 2019 ("NDPR") requires organisations that collect and process personal data of Nigerians and Nigerian residents to adopt appropriate systems and processes ..

The National Information Technology Development Agency (NITDA) has granted a three-month extension to Data Controllers and Processors (organizations and entities who collect and process

On 2nd June, 2020, the Federal Inland Revenue Service ("FIRS" or "the Service") issued three Public Notices directing taxpayers on certain issues with respect to their tax compliance as well as the extension of the timeline of certain ...

The strategic revenue growth initiatives of the Federal Government set out its intention to increase revenue from non-oil sources.

The importance of ensuring a conducive environment for businesses cannot be over-emphasized, given their immense contribution to the growth of the national economy.

Transfer Pricing (TP) audits are a key part of the activities of the tax authorities as audits afford them the opportunity to assess the level of taxpayers' compliance to extant TP laws and the arm's length principle.

Sustainability reporting is the disclosure and communication of Environmental, Social, and Governance (ESG) goals of an organisation...

This article, the first part of the two-publication series.

In this article, we have highlighted factors to consider in preparation for a transfer pricing audit.

The players in the digital economy took the world by storm at the turn of this century. This was aided by the advent of global system for mobile telecommunication

The Transfer Pricing (TP) returns filing deadline has passed for most Nigerian Taxpayers. The Federal Inland Revenue Service (FIRS) therefore has financial information about taxpayer's Related Party Transactions...

The Nigeria Data Protection Commission (NDPC) recently issued a Guidance Notice (the"Notice") on the filing of data protection Compliance Audit Returns (CARs) ahead of the next cycle for the filing of CARs in 2024.

Discover the impact of International Standards on Auditing (ISA) on Less Complex Entities (LCEs), and explore the key benefits for stakeholders.

Data Protection Audit is a systematic examination carried out in order to ascertain whether an organization's processing of personal data is compliant with data protection laws applicable to the data processed.