by Yomi Olugbenro | Dec 23, 2015 | Budget, Corporate Tax, Federal Government, Nigeria, Nigeria Tax, TaxWiseNG - Twitter Sessions
President Buhari presented the 2016 budget before a joint session of the National Assembly on 22 December 2015. It is the first time in recent years that the budget is presented in person by the President. The budget can be appropriately dubbed a non-oil budget as...
by Yomi Olugbenro | Dec 23, 2015 | Corporate Tax, Deloitte Tax, Tax Risk Management, TaxWiseNG - Twitter Sessions, Value Added Tax
Welcome to another episode of #TaxWiseNG. Today, we’ll focus attention on VAT and petroleum products. A note of caution please, I’m only talking about VAT on petroleum products, not where to buy fuel. For those who looking for where to buy fuel, I haven’t got PMS...
by Yomi Olugbenro | Dec 2, 2015 | Corporate Tax, Deloitte Tax, Nigeria Tax, Tax Planning, Tax Risk Management, TaxWiseNG - Twitter Sessions
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...
by Yomi Olugbenro | Nov 25, 2015 | Corporate Tax, Deloitte Tax, Nigeria Tax, Personal Income Tax, Tax Risk Management, TaxingNigeria, TaxWiseNG - Twitter Sessions
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...
by Yomi Olugbenro | Nov 18, 2015 | Corporate Tax, Deloitte Tax, Nigeria Tax, Tax Planning, Tax Risk Management, TaxWiseNG - Twitter Sessions
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...
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