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Tax Matters

FG Defaults On VAT Waiver For Domestic Airlines

FG Defaults On VAT Waiver For Domestic Airlines More than one year after the pronouncement for Value Added Tax (VAT) to be removed from air transport, the Federal Government has failed to implement the order. Findings by our correspondent showed that domestic airlines still pay VAT,...

LCCI Seeks Concessionary Tax Rate For SMEs

LCCI Seeks Concessionary Tax Rate For SMEs   The Lagos Chamber of Commerce and Industry has called for the concessionary tax rate for the Small and Medium Enterprise sector of the economy. Making the call in a communiqué issued at the end of its council meeting held...

Tax Probe: RMAFC, Workers Bicker Over Consultants’ Engagement

Tax Probe: RMAFC, Workers Bicker Over Consultants’ Engagement Workers of the Revenue Mobilisation Allocation and Fiscal Commission have disagreed with the management of the organisation over the use of consultants to probe banks for failure to remit all they collect on behalf of the government...

DAPPMAN, Others Decry Multiple Taxation, Beg Govt

DAPPMAN, Others Decry Multiple Taxation, Beg Govt Members of the Depot and Petroleum Products Marketers Association of Nigeria, Major Oil Marketers Association of Nigeria and the Independent Petroleum Marketers Association of Nigeria on Thursday declared that the government and its agencies should not kill oil...

Telecom Operators Advocate Executive Order To Stop Multiple Taxes

Telecom Operators Advocate Executive Order To Stop Multiple Taxes Stakeholders in the telecommunication industry are calling on the Federal Government to give an executive order that will stop state and local governments from imposing multiple and punitive levies on infrastructure. They said the issue of multiple...

70% Of Nigerians Ready To Pay Tax, Says NESG

70% Of Nigerians Ready To Pay Tax, Says NESG   The Nigeria Economic Summit Group has said that about 70 per cent of Nigerians believe that it is not wrong to pay tax. The NESG disclosed this during its Fiscal Policy Roundtable event in Lagos, while launching...