Introduction Arguably, the most basic principles in business are minimising cost and maximising profit. Thus, it is not unnatural that businesses would seek to reduce their expenses to the barest minimum. Conversely, the tax authorities have the responsibility of ensuring that businesses pay their taxes in accordance with the tax laws. Businesses sometimes incur punitive

Mallam Nasir el-Rufai, Governor of Kaduna State, has continued to make very fundamental statements by words and actions that the most important legacy for any leader is to inspire confidence and trust in his appointees that they have the capacity to deliver services to the people. El -Rufai, is undoubtedly an apostle of C. Everett

Nigeria is using a system of tax credits to encourage private companies to share the cost of infrastructure projects as part of a drive to diversify Africa’s biggest economy away from its reliance on oil sales, the country’s tax chief said. Executive Chairman of Nigeria’s Federal Inland Revenue Service (FIRS), Mr Tunde Fowler speaks during

Dangote and other private companies are set to access 50% of expenditure in tax credit from the Federal Inland Revenue Service (FIRS). According to FIRS executive chairman, Tunde Fowler, the plan is to solve infrastructural deficit in the country by reducing the actual amount of tax to be paid by private companies, while these companies

More than 81 per cent of taxable adults and businesses in Nigeria do not pay their income taxes due to low tax moral in the country. The Research Director of the Fiscal Policy Roundtable of the Nigeria Economic Summit Group, Mr Tayo Oyedele, disclosed this in a presentation during a courtesy call on the Director