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Tax Matters

CITN, Others Insist Tax Remains Sustainable Revenue, Seek Professionalism

CITN, Others Insist Tax Remains Sustainable Revenue, Seek Professionalism   The Chartered Institute of Taxation of Nigeria (CITN), like other global organisations, has lent its voice to the growing optimism that tax remains the most sustainable source of revenue for government to fund development projects.Backing its...

Technology Will Greatly Impact On Tax Administration, Expert Forecast

Technology Will Greatly Impact On Tax Administration, Expert Forecast   Citing a new study conducted by Deloitte on tax administration in Nigeria, experts have said technology will play a significant role on tax administration in the next five years. In view of that, they urged the Federal...

Tribunal Yet To Hear 209 Cases Of N6trn Tax Worth

Tribunal Yet To Hear 209 Cases Of N6trn Tax Worth   About 209 cases worth over N6tn are currently pending at the various zones of the Tax Appeal Tribunal across the country. The Permanent Secretary, Ministry of Finance, Mahmoud Dutse, said this at the inauguration of commissioners...

Buhari Explains Removal Of VAT From Domestic Air Fares

Buhari Explains Removal Of VAT From Domestic Air Fares   President Muhammadu Buhari says the recent decision by the Federal Government to remove Value Added Tax (VAT) from domestic air transportation fares is to make air travel more affordable to citizens. The president said this when he...

ANAN Seeks Improved Tax Collection, Integrated Reporting

ANAN Seeks Improved Tax Collection, Integrated Reporting The President of the Association of National Accountants of Nigeria (ANAN), Alhaji Shehu Ladan, has urged newly-inducted fellows of the association to lead the campaign against corruption and uphold the highest level of ideals, values and integrity of...

FG Rejects IMF’s Tax Recommendation

FG Rejects IMF’s Tax Recommendation   In response to the International Monetary Fund’s recommendation that Nigeria increases its revenue through tax, Finance Minister Zainab Ahmed has said the country has no plans to effect any such hike. Zainab disclosed this while addressing Nigerian journalists on the participation...