According to information made available by the Presidential Enabling Business Environment Council (PEBEC)...

The federal government recently enacted a new law, the Federal Capital Territory Internal Revenue Service Act, 2015.

The FIRS has issued a Public Notice on the deduction of withholding tax and VAT on compensation paid to agents, dealers, distributors and retailers by principal companies

The world has gone digital in many ways but our tax system seems to be stuck in the Stone Age. Tax compliance rate is very low and one area where there is a high prevalence of evasion is VAT.

The Nigerian Police Trust Fund Act (the "Act") was passed by the National Assembly in April 2019, and signed into law by the President on 2 July 2019.

A Temporary Work Permit (TWP) approval is required for a skilled foreigner to perform employment duties in Nigeria on a temporary basis.

The Federal Inland Revenue Service (FIRS) has issued the Income Tax (Common Reporting Standard) Regulations, 2019 (CRS Regulations).

Corruption is a pressing issue in Nigeria. President Muhammadu Buhari launched an anti-corruption drive after taking office in May, 2015.

The Minister of Finance, Budget and National Planning (the Minister) has issued the Companies Income Tax (Significant Economic Presence) Order, 2020 (SEP Order), to complement the 2019 Finance Act (FA 2019).

Monitoring Of Compliance With Transaction Taxes The Taxman’s Way - A Review Of The Recent FIRS’ Notice On Nationwide Value Added Tax And Withholding Tax Verification Exercise

Significant tax reforms have been introduced in the Global Business sector in Mauritius.

Commencement and cessation rules - The FIRS clarified that a company that commences business should apply the Preceding Year Basis (PYB)

Over time, employers have adopted various practices in the treatment of loans that were granted to their employees for tax purposes.

The Federal Government of Nigeria recently approved the 2016 Fiscal Policy Measures which allow the implementation of the Supplementary Protection Measures and the ECOWAS CET 2015-2019.

2015 is set to be a challenging year for government at all levels… but the good news is that the most impactful changes do not require money – what they require is common sense and a political will.

Various reports estimate that developing countries lose trillions of US dollars in much needed revenue to tax evasion and aggressive avoidance schemes.

The Federal Inland Revenue Service (FIRS) has issued Guidelines on accessing Mutual Agreement Procedure in Nigeria.

Finally, Nigeria’s presidential election is over! Free, fair and peaceful were some of the words the global community used to describe the elections which made history when the incumbent administration conceded defeat.

First, let me start by wishing you all a Splendid 2015!

tax evasion is so pervasive, it is more difficult to find those who have paid the right amount of tax than evaders. It's like hiding in plain sight or at best behind a single finger.