Here is our regulatory alert on a recent judgement by the Federal High Court on the subject on the subject of filing returns with the FRCN.

We are all affected by the actions or inactions of government especially monetary and fiscal policies.

We understand that the Federal High Court (Lagos Division) yesterday delivered a judgment upholding the constitutionality of the Tax Appeal Tribunal in the case brought before it by the NNPC against Esso Exploration and Production Nigeria Limited and Shell Nigeria Exploration and Production Company (SNEPCO).

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.

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

One of the major reasons many investors choose to locate their companies especially holdcos outside Nigeria is to avoid the excess dividend tax exposure.

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.

Nigeria has formally released the Income Tax (Country-by-Country Reporting) Regulations, 2018

The Companies Income Tax Act (Amendment) Bill 2015 which seeks to increase the incentives available to companies that invest in public infrastructure in the course of their business has been passed...

Nigeria's president Muhammadu Buhari on Wednesday 14 December 2016 presented the 2017 Budget Proposals to a joint session of the National Aseembly...

There is a Yoruba adage which says: it is the way that the bird flies that the hunter will throw stones at it.

On 14 June 2017, the Federal Executive Council (FEC) approved a memo submitted by the Minister of Finance seeking Nigeria's inclusion as a signatory...

This publication is the first of a three-part series on the Nigerian Gas sector. The series aims to highlight the industry issues and challenges as well as assess the opportunities across the value-chain in addition to ...

ingapore has ratified the Double Tax Agreement (DTA) earlier signed between the country and Nigeria. See link to our previous tax alert.

"The Stone Age did not end for lack of stone, and the oil age will end long before the world runs out of oil"...

The Finance Minister has amended the list of "Services Exempt" from Value Added Tax (VAT) to include commissions on transactions in the Nigeria Capital Market.

The Federal Inland Revenue Service (FIRS) embarked on an Integrated Tax Administration System (ITAS) project in 2013.

Now that Britain has voted to leave the EU, analysts are trying to figure out the implications of Brexit for not only the UK/EU but the global economy.

The Federal High Court has clarified the rules on taxation of foreign companies operating through a fixed base or permanent establishment in Nigeria.