The Federal Government of Nigeria maintains its determination to diverse the economy, do you think that is achievable? It is definitely achievable. The diversification of the economy is probably the only option left for development. This is because the economy continues to rely so much on crude oil. The numbers speak for themselves. Oil accounts […]

Nigeria’s vice-president, Prof Yomi Osinbajo has explained that the recent increase in value-added tax (VAT) from 5% to 7.5% remains the lowest in Africa. The vice president stated this in Lafia during the launching of the national micro, small and medium enterprises clinics for viable enterprises. According to him “the new value-added tax which has

The Cooperation with Other Jurisdictions on Tax Matters (Amendment) Regulations, 2019 have recently been amended by virtue of Legal Notice 342 of 2019 in order to transpose Council Directive amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements. The amendments complement the series

Although you’re probably focused on filing your 2019 tax return right now, it’s never too early to start thinking about next year’s return. Proper tax planning requires an awareness of what’s new and changed from last year—and there are plenty of tax law changes and updates taking effect in 2020 that you need to know about. The

The Mexican government introduced a new reporting obligation on January 1 2020 as part of an effort by the Tax Administration Service (SAT) to prevent aggressive tax planning. Under the new rules, tax advisors and in certain instances, taxpayers, will have to notify the SAT if they have implemented or offered any of the 14