‘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...
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...
Experts Urge Nigeria, Others To Tax E-Commerce Appropriately
Tax experts at the on-going IMF/World Bank Group Annual Meetings in Bali urged Nigeria and other countries to issue appropriate taxation regulations and tax rates to suit e-commerce businesses in their countries.
This was a consensus reached during...
Mining: State Closing Sites Over Tax Disputes
Some state governments have been closing some mining operations over disputed tax obligations, the Minister of State for Mines and Steel Development, Mr Bawa Bwari, has said.
Bwari said this in a keynote address delivered at the Second National...