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In December 2021, the Kenya Startup Act popularly known as the Startup Bill was passed into law. The Act was created to provide entrepreneurs in Kenya a platform from which they can launch...

On 25 October 2018, the National Pension Commission published Guidelines on Voluntary Contribution under the Contributory Pension Scheme.

On 2 April 2019, the Senate, during its plenary, announced that President Muhammadu Buhari declined assent to the National Housing Fund (Establishment) Bill 2018 ("The NHF Bill").

Unlike some countries, the United States of America and France for instance, the United Kingdom (UK) does not generally charge Capital Gains Tax (CGT) on property disposals by non-residents.

The Federal Government of Nigeria ("FGN") has, via a Circular dated 7 February 2019 ("the Circular"), revised the excise rate on products classified under tariff heading (TH) 22.06.

Nigeria's President, Muhammadu Buhari today presented the 2020 Budget to the Joint Session of the National Assembly.

On 10th June 2021, the Minister of Finance, issued the Tax Appeal Tribunal (Procedure) Rules, 2021 ("2021 TAT Rules") and revoked the Tax Appeal Tribunal (Procedure) Rules, 2010.

Section 14(3) of the VAT Act empowers the FIRS to appoint any person as an agent for VAT collection.

On 13 November 2018, in the case between Lagos State Board of Internal Revenue (LIRS) vs Ecoserve Limited (Ecoserve)

Managing wealth for High-Net-Worth Individuals (HNIs) can be complex. Having significant assets and income stream / sources can bring undeniable advantages, but it can also present complex tax challenges...

Foreign companies are also known as non-resident entities, they can earn incomes in Nigeria through two ways, which shall be briefly discussed below.

The Federal Inland Revenue Service (FIRS) launched its electronic filing solution for Transfer Pricing (TP) returns called the E-TP PLAT 2.0 (the platform) in 2020.

The Nigerian oil and gas sector has practically sustained the entire national economy since the discovery of crude oil in the country. Although some argue that the oil boom led to the stagnation...

Family-owned businesses across the world desire a successful continuity of their business from one generation to the another. Available statistics however suggests that 70% of family-owned businesses...

Startups have the potential to play a major role in the growth of developing countries particularly because of their ability to: (i) improve the standard of living in countries through innovation; ...

The President's assent of the DTT has however brought to the fore, issues surrounding the treaty making process in Nigeria.

Annual Tax returns is an obligatory return that the State Internal Revenue Service expect from individuals and employers of individuals every year...