by Yomi Olugbenro | Mar 17, 2017 | Corporate Tax, Deloitte Tax, Extratriate Tax, Federal Government, Nigeria, Nigeria Tax, Personal Income Tax, Tax Planning, Tax Risk Management, TaxingNigeria, TaxWiseNG - Twitter Sessions, Value Added Tax
In a bid to grow Nigeria’s tax revenue and raise non-oil tax to GDP ratio from current level of 6% to 15% by 2020, Voluntary Asset and Income Declaration Scheme (VAIDS) is to be implemented. The National Executive Council (NEC) has granted approval-in-principle for...
by Yomi Olugbenro | Aug 18, 2016 | Budget, Corporate Tax, Deloitte Tax, Federal Government, Nigeria, Nigeria Tax, Tax Planning, Tax Risk Management, TaxWiseNG - Twitter Sessions
In a bid to shore of government revenue, the Federal Inland Revenue Service (FIRS) is doing everything possible to expand the tax net and collect due taxes. The current fiscal landscape calls for no less response. Needless to say that the country is going through...
by Yomi Olugbenro | May 5, 2016 | Corporate Tax, Federal Government, Nigeria, Nigeria Tax, Tax Planning, Tax Risk Management, TaxingNigeria, TaxWiseNG - Twitter Sessions, Value Added Tax
The National Economic Council (NEC) had a two-day retreat recently with far-reaching decisions. Vice President Osinbajo as Chair of NEC, 36 Governors, some Ministers and heads of relevant government agencies were present. The Retreat was declared opened by President...
by Yomi Olugbenro | Feb 4, 2016 | Budget, Corporate Tax, Deloitte Tax, Federal Government, Nigeria, Nigeria Tax, Tax Planning, Tax Risk Management, TaxWiseNG - Twitter Sessions
If you live, work or run a business in Nigeria, you should have sensed it that FIRS is changing gear with compliance and enforcement drive. “Boys are not smiling” is an appropriate expression for the mood at the Revenue house. How can they smile, when the weight of...
by Yomi Olugbenro | Jan 13, 2016 | Corporate Tax, Deloitte Tax, Extratriate Tax, Federal Government, Nigeria, Nigeria Tax, Personal Income Tax, Tax Planning, TaxingNigeria, TaxWiseNG - Twitter Sessions
There are many tools at the disposal of government for the management of the economy. Monetary policy and fiscal policy are the two most widely recognized. These two policies have various mechanics available to government to drive the economy in a given direction....
by Yomi Olugbenro | Jan 10, 2016 | Deloitte Tax, Extratriate Tax, Nigeria, Nigeria Tax, Personal Income Tax, Tax Planning, Tax Risk Management, TaxWiseNG - Twitter Sessions
A warm welcome to you. Happy New Year. It’s the first episode of our weekly tweetax session in 2016 – #TaxWiseNG. We are already 6 days into the year. If FG’s target of N1.45 trillion tax revenue is accrued daily, N23.8 billion should be in the kitty by now....
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