24/06/2019 - Accountancy, Assurance, Audit and Tax Services

State gaming regulators kick against VAT, explain operations

Leave a Comment / Nigerian Tax / By Aminu Tobi

State gaming regulators have called for a better understanding of their operations, unity of processes and licensing, especially from the lens of the National Lottery Regulatory Commission (NLRC).Under the aegis of Association of State Gaming Regulators in Nigeria (ASGRN), the body also kicked against plans by the Federal Inland Revenue Service (FIRS) to introduce Value …

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‘Ways to make digital transactions’ VAT work’

Leave a Comment / Nigerian Tax / By Aminu Tobi

As the Federal Inland Revenue Service (FIRS) prepares to impose Value Added Tax (VAT) on online transactions, the questions on many lips is how can it work in Nigeria? “What Nigeria (FIRS) needs to do is to first study digital economy; What does it mean? In which different areas do we have it? What are …

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‘Technology For Tax Collection Protects Traders, Checks Double Taxation’

Leave a Comment / Nigerian Tax / By Aminu Tobi

The Edo State Governor, Mr. Godwin Obaseki, has said the state government’s insistence on the use of technology for tax collection as against non-state actors and consultants was to ensure that traders are protected from harassment and double taxation. He said his administration would strengthen ties with the Tax Appeal Tribunal, South-South Zone, to boost …

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Sanwo-Olu tasks institute on deepening taxation practice

Leave a Comment / Nigerian Tax / By Aminu Tobi

Gov. Babajide Sanwo-Olu of Lagos State has tasked the Chartered Institute of Taxation of Nigeria (CITN) to be proactive on deepening taxation practice in Nigeria. The governor gave the advice at the Investiture of the 14th President of CITN, Dame Olajumoke Simplice, on Saturday in Lagos. Represented by Mrs Balogun Olufunmilayo, Permanent Secretary, Ministry of …

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June 24, 2019