N1.2bn tax error claims: Tribunal permits counsel to tender documents from bar
The Tax Appeal Tribunal sitting in Abuja on Friday, gave permission to the counsel to Mr Joe Daudu, SAN, to tender documents from the bar, in order to avoid further delay in the matter.
CITN seeks collaboration, more tax professionals
The Chartered Institute of Taxation of Nigeria has started collaborations that would increase the number of practitioners in the tax professional while beckoning on University of Lagos, Unilag, to add taxation into its degree programme curricula.
EIRS commences aggressive tax enforcement exercise
The Edo State Internal Revenue Service has commenced aggressive tax enforcement exercise to collect revenue owed the state government.
Nigeria’s deep fiscal quagmire and tax conundrum
LAST week, most Nigerian newspapers were awash with stories about the International Monetary Fund’s 2019 Article IV Consultation with the country. This is an annual process in which the IMF scrutinises a country’s economic management and reports its findings.
FSDH advocates strategies to raise VAT revenue by 218%
FSDH Merchant Bank, yesterday, cautioned the federal government against the proposed hike in Value Added Tax (VAT) rate, even as it recommended measures for increasing VAT revenue by 218 percent.
VAT: MAN urges FG to harmonize taxes, levies to attract more investment
The Manufacturers Association of Nigeria, MAN, yesterday, advised the Federal Government to harmonize taxes/levies/fees payable by businesses in the country so as to attract more investments that would translate to higher productivity and more tax revenue for the government in the medium and long term.
