Nigerian government officials, politicians, and bureaucrats like to pretend that they are a part of this world. In truth they are not. On the matter of taxation, they like to sing a swan song once the slogan was established that the country’s tax-to-GDP ratio is one of the lowest in the world. You would think …
MINISTER of Finance, Mrs Kemi Adeosun, has solicited for the designation of tax malpractices by multinational corporations in Nigeria and other developing countries as ‘foreign corrupt practices’. She made the call at the Platform for Collaboration on Tax (PCT) Conference in New York, which rounded up during the weekend. The PCT is an initiative of …
Declare tax evasion, multinationals’ malpractices, foreign corrupt practices ―Adeosun Read More »
Having posted an unprecedented performance in 2017, the Federal Inland Revenue Service (FIRS) will have its target jacked up from N4 trillion to 6.7 trillion in 2018. The Chairman of FIRS, Babatunde Fowler, yesterday, made the disclosure while delivering a keynote address to directors at the Institute of Directors (IOD) in Ikoyi, Lagos State. Fowler …
Chairman of the Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has urged members of the Institute of Directors (IoD) to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS). Fowler gave the advice in Lagos on Tuesday evening while making a presentation on the tax amnesty scheme to IoD members. In the …
Tax Evaders’ll Be Exposed, Fowler Tells Company Directors Read More »
Chairman of the Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has urged members of the Institue of Directors (IoD) to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS). Fowler gave the advice in Lagos on Tuesday evening while making a presentation on the tax amnesty scheme to IoD members. In the …
In its effort to leverage on e-payment and multi-modal payment portals, the Lagos State Internal Revenue Service (LIRS) has unveiled an automated invoicing system and technology device, Electronic Revenue Assurance (ERA) system at a stakeholders’ meeting held with hotel and business owners in the hospitality and tourism sector of Lagos State at the Banquet Hall, …
The Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah, said a robust tax system was the foundation of sustainable economic growth. Enelamah spoke at the launching of Andersen Tax in Nigeria on Saturday in Lagos. The minister said that there appeared to be an association between the level of tax revenues generated and …
Okechukwu Enelamah: Robust tax system, foundation of sustainable economic growth Read More »
The Minister of Finance, Mrs. Kemi Adeosun, will on March 1, lead a high-powered Federal Government’s delegation to the Voluntary Assets and Income Declaration Scheme (VAIDS) stakeholders’ symposium in Kaduna State. The VAIDS stakeholders’ symposium is being hosted by the Kaduna State Government, and will be attended by the state’s Governor, Mallam Nasir el-Rufai; Executive Chairman of …
Outsourcing is the practice of having certain job functions done outside a company instead of having an in-house department or employee handle them; functions can be outsourced to order organizations that can do it better, time and cost savings. Outsourcing has become a major trend in human resources over the past decade. It’s the practice …
12 REASONS WHY BUSINESS OWNERS SHOULD OUTSOURCE ACCOUNTANCY, TAX AND CAC SERVICES Read More »
FAYOSE ATTACKS BUHARI OVER PLANNED INCREMENT OF VAT The Ekiti State Governor, Ayodele Fayose, on Sunday criticized President Muhammadu Buhari, over the planned increase of the Value Added Tax, VAT, by five per cent. The governor, who was reacting to comments attributed to Vice President Yemi Osinbajo in Lagos, said the move would worsen the …
Fayose attacks Buhari over planned increment of VAT Read More »
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