915 results found

Steven D. Levitt defines an incentive as "a bullet, a key: an often tiny object with astonishing power to change a situation".

In furtherance of improving revenue generation and making Nigeria more investor friendly, the Nigerian President, on June 26 2025, signed into law four tax bills passed by the National Assembly.

In 2021, the Tax Appeal Tribunal (TAT) amended its rules, with the new rules cited as the TAT (Procedure) Rules 2021 ("the TAT Rules").

In a recent decision that was handed down on the 13th of May 2022, the Tax Appeal Tribunal, South East Zone ruled that the provisions of Order 3 Rule 6(a) of the Tax Appeal Tribunal (Procedure) Rules, 2021 are in conflict with ...

The Press Release provides that stamp duty is payable on dutiable instruments (physical and electronic) at the specific rates set out in the schedule to the SDA

It is often said that "no one pays tax with a smile". This applies to individuals and businesses alike, much less paying it twice. While there is no universally acceptable definition...

Recently, the Presidential Fiscal Policy and Tax Reforms Committee, during conversations about the recent tax reforms, confirmed that Nigeria receives significant financial information on Nigerian residents ...

On 10th November 2021, the Federal Inland Revenue Service (FIRS) issued a fresh Information Circular on Extension of the Meaning of "In Use"[1] ("the Circular").

The Nigerian startup ecosystem is brimming with opportunity.

Outsourcing the corporate tax compliance function, thereby enabling organisational focus on core growth drivers, is increasingly popular, given the efficiency and strategic business benefits.

This briefing note is designed to give some practical guidance to the Income Tax (Common Reporting Standard) Regulations 2019 (the ‘'Regulation'') and the recently clarified directive (the ‘‘Directive'') of the Federal Government of Nigeria (the ‘‘FGN'').

It is often said that "no one pays tax with a smile". This applies to individuals and businesses alike, much less paying it twice.

On 13 of January 2020, the President signed the Finance Act 2019 (‘the Act") into law. The implementation of the Act commenced in February 2020, as announced by the Federal Ministry of Finance.

On June 24, 2024, the Federal Inland Revenue Service ("FIRS") issued Information Circular No. 2024/04 (the "Circular") to provide information and guidance to the general public, taxpayers, tax practitioners...

The Federal Inland Revenue Service (FIRS), in exercise of powers conferred on it by Section 61 of the Federal Inland Revenue Service (Establishment) Act No.13 of 2007 ...

In 2019, the Federal Government of Nigeria enacted the Finance Act 2019 ("FA19"), which introduced several amendments to extant tax statutes.

Only few occasions could ever be more certain than death and taxes. In advanced commercial climes in fact, failure to comply with tax obligations might just mean the beginning of the end for an entity.