by Yomi Olugbenro | Oct 25, 2013 | Uncategorized
One of the fundamental changes introduced by the Personal Income Tax (Amendment) Act 2011 (“PITAM”) is the introduction of a new Consolidated Relief Allowance (CRA) which replaced the old Personal Relief. We will deal with the controversy around the computation of CRA...
by Yomi Olugbenro | Oct 14, 2013 | Uncategorized
Taking yet another step toward its goal of addressing off-shore account reporting, in 2010 the Obama Administration enacted the Foreign Account Tax Compliance Act (FATCA). FATCA, a new chapter in the U.S. Tax Code – Chapter 4, is part of Hiring Incentives to Restore...
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