Introduction In Nigeria’s evolving tax landscape, Transfer Pricing (TP) has emerged as a focal point for both businesses and tax authorities. The Federal Inland Revenue Service (FIRS) has intensified TP audits, leading to increased scrutiny and potential disputes between taxpayers and tax authorities. Understanding the TP audit process and exploring effective dispute resolution options has […]

Introduction The longevity of family-owned businesses is a testament to their resilience and strategic planning. However, the transition from one generation to the next is often challenging, with statistics indicating that a significant percentage of family businesses do not survive beyond the second or third generation. To address this issue, families need to engage in