The Comptroller General ​(CG) ​of the NIS, Mr. Mohammed Babandede, cited the harmonisation of data and ease of business in Nigeria as the reasons for this directive.

Following the announcement of discounts to the land use charge rates by the Lagos state government on 15 March 2018, we have updated our computation template accordingly.

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

Our tax calendar for the month of April is available for download. Ensure to keep an eye on your tax compliance obligations to avoid sanctions in view of the aggressive tax drive by governments at all levels.

"Those who cannot learn from history are doomed to repeat it." - George Santayana

In this time of falling government revenue, there is a lot of focus on tax compliance by various tax authorities.

The Federal Executive Council has approved the inclusion of 27 new industries/products as eligible for pioneer status incentive, a corporate income tax exemption for up to 5 years.

By law, certain tax liabilities such as VAT and withholding taxes must be paid in the currency of transaction. This means for instance, if a fee was paid in USD then the applicable VAT ...

The tax amnesty recently introduced by the Federal Inland Revenue Service came to a close on 24 November 2016.

President Goodluck Jonathan today appointed Mr. Samuel Ogungbesan as the acting Chairman of the Federal Inland Revenue Service.

Well, if your guess is as good as mine, then you will agree that the social contract is broken and needs fixing urgently.

Mr Babatunde Fowler, Chairman of the Federal Inland Revenue Services of Nigeria has been elected Chairman of Council of the African Tax Administration Forum (ATAF) for 2016-2018.

The Lagos state government today announced the establishment of a Rapid Tax Prosecution Unit to aid the Lagos Internal Revenue Service (LIRS) in its drive to collect taxes.

The Lagos State Internal Revenue Service (LIRS) has launched a new eTax system, a digital, end-to-end, multi-channel solution for tax filing and payments

Watch my interviews on CNBC Africa on the recent recommendation by the International Monetary Fund for Nigeria to increase our current VAT rate.

The Organisation for Economic Cooperation and Development (OECD) on Thursday 25 April 2019, published the full version of its 2017 Model Tax Convention on Income and Capital, the tenth edition.

"In business as in life, you don't get what you deserve, you get what you negotiate." - Karrass, Chester L.

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.

Nigeria's President, Muhammadu Buhari has signed an Executive Order 007 to enable private sector companies fund the construction of roads and be repaid via tax credits to be utilised against their future tax obligations.

The Brexit vote has not only shocked the EU and the rest of the world, it also left many citizens and residents of the United Kingdom themselves "fantastically stunned".