Tax Dispute: MTN Engages KPMG To Tackle FIRS MTN has engaged the services of the KPMG to handle the demand for the payment of tax on the N330bn ($1.1bn) fine it paid to the government, investigation has shown. The company had confirmed having a technical disagreement...

Maritime Stakeholders Urge FG To Abolish Tax On Full Duty For Ship Acquisition Stakeholders in the nation’s maritime sector have called on the federal government to abolish the tax on full duty paid equipment, stressing that the policy was undermining local operators and favours foreign...

Rivers Revenue Agency Shut Down NDDC Office Over N50bn Tax The Rivers State Internal Revenue Service has sealed off the corporate headquarters of the Niger Delta Development Commission in Port Harcourt over unpaid withholding tax allegedly running into N50bn. This is as the NDDC insisted that...

‘Tax Reforms Policies Should Target Consumption’   The Partner, Advisory, West Africa, EY, Ben Afudego, has stated the need for the federal government to pursue tax reforms policy to focused on consumption tax, which according to him should not be differentiated. Afudego, who disclosed this in Lagos...

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   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...