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FIRS has started to enforce filing of tax returns and payment of outstanding taxes by distraining properties and procuring the arrest of principal officers of defaulting companies.

I have articulated my thoughts on how taxation can be used as an enabler to forge inclusive growth and create employment.

Before now, tax administration of the FCT was under the Federal Inland Revenue Service.

The governor of Lagos state, Nigeria has issued an Executive Order effectively reducing the charges payable for the transfer of land titles and processing Governor's Consent from about 15% to 3%.

The federal government of Nigeria today announced the extension of the deadline for filing returns under the Voluntary Assets and Income Declaration Scheme by 3 months.

The ministry of finance has issued a federal treasury circular dated 15 January 2016 following the newly enacted Federal Capital Territory Internal Revenue Service (FCT IRS or the Service) Act 2015.

Federal Inland Revenue Service (FIRS), in a bid to ensure tax certainty and promote voluntary tax compliance of non-resident persons, has established a Non-Resident Persons' Tax Office (NRPTO).

The Federal Inland Revenue Service (FIRS) has continued to seal business premises of defaulting tax payers in continuation of its compliance enforcement drive.

It's a new month and again a new cycle of tax compliance with various tax payment deadlines.

On Wednesday 27 January 2016, 31 countries (including Nigeria) signed the Multilateral Competent Authority Agreement (MCAA) for the automatic exchange of Country-by-Country reports.

Navigating the muddy landscape of the tax legal framework in Nigeria can be a daunting exercise.

The Scheme, which encourages voluntary declaration of offshore assets, is aimed at combating money laundering and tax evasion.

The Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 (the "Order") establishes a production-linked tax remission framework for qualifying deep offshore oil and gas developments in Nigeria.

President of the Federal Republic of Nigeria, Muhammadu Buhari, has signed the Nigerian Tax and Fiscal Law (Amendment) Bill 2019

The swearing in ceremony took place on 5 November 2018 in Abuja.

Generally, tax authorities across the country became more aggressive with revenue drive including the use of consultants and unconventional methods for tax audits.

Going forward, aggressive tax avoidance will become the new tax evasion. Tax planning will therefore be tempered with low appetite for risk especially reputational damage while the debate on tax morality will intensify.