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Fed Govt Records 17.3% Shortfall In Companies’ Income Tax

Fed Govt Records 17.3% Shortfall In Companies’ Income Tax         Against the backdrop of pressures on the Federal Government’s finances and 2020 budget revenue estimates, an indication has emerged that the government may have already recorded a shortfall of 17.3 per cent in the Company Income...

Reps Pass 2020 Finance Bill For Second Reading

Reps Pass 2020 Finance Bill For Second Reading     The House of Representatives, on Thursday, passed for second reading, the Finance Bill 2020. It is titled, ‘A Bill for an Act to Amend the Capital Gains Tax Act, Companies Income Tax Act, Personal Income Tax Act, Tertiary...

Lafarge, Dangote Sinotrucks, 35 Others Enjoy Three-year Tax Holidays

Lafarge, Dangote Sinotrucks, 35 Others Enjoy Three-year Tax Holidays         Lafarge Africa Plc, Honeywell Flour Mills Nigeria Plc, Dangote Sinotrucks West Africa, and 34 other firms have been identified as companies currently enjoying Pioneer Status Incentive of the Federal Government. The Nigerian Investment Promotion Commission in its...