What Does 2016 Hold for Taxpayers? – #TaxWiseNG Episode 15

As 2015 draw to a close and 2016 eases in, it is appropriate to take a peep into the future and see what the year portends. A discerning mind can tell that great challenges lies ahead. Well, difficulties are blessings in disguise, the optimist will say. What Does 2016...

Nigeria’s Federal High Court’s ruling on fixed base for non-resident company – #TaxWiseNG Episode 12

Today, we will be reviewing a recent decision by the Federal High Court in a case involving taxation of a non-resident company. Tax is a creation of statutes. Without an enabling law, tax cannot be imposed. But laws are creations of men. As it is with every other...

Tax Obligations of Not-For-Profit Organisations in Nigeria – #TaxWiseNG Episode 11

It’s another episode of our weekly “tweetax” session – TaxWiseNG. Today, we’ll be discussing Tax Obligations of Not-For-Profit Organisations in Nigeria. Some people call them non-profit organisations, non-business entities and other similar names. Let’s...

Interim dividends and provisional income tax: matters arising – #TaxWiseNG Episode 10

These are interesting times for Nigeria’s economy with mounting pressure for “dividends of democracy” amidst dwindling revenue. Nobody is ready to listen to excuses for non-performance and government needs to become more creative. If you ask any Nigerian why he’s...