08/14/2017
Treasury is trying to close a loophole involving foreign trusts, but critics say its solution is a blunt instrument with unintended consequences including double taxation
08/02/2017
It operates in a remarkably open and transparent environment, with stable prices, and a per capita GDP higher than that of most developed Countries.
08/01/2017
The deadline for the Special Voluntary Disclosure Programme is August 31, 2017.
08/01/2017
Presently, those working in another country for more than 183 days each year do not pay tax on income from abroad.
07/27/2017
There is concern over a proposal to change loan and company taxation laws
07/26/2017
In addition, shareholders in such companies will be exempted from the taxes
07/25/2017
If a comprehensive tax audit is ever conducted in Nigeria it is doubtful if any wealthy Nigerian will go without facing charges.
07/21/2017
Family patriarch Atul Gupta at centre of scheme tax experts say points to evidence of a complex tax avoidance practice
07/20/2017
Under the current laws
07/20/2017
In practice, where an employee falls into the maximum 45% tax bracket and pays 25% tax in a foreign country, SARS will now collect the difference of 20%.
07/18/2017
A handful of rich Nigerians, including religious leaders, have been said to own private jets under such conditions.
07/17/2017
It was ranked best in the world (1) in the final category
07/06/2017
High-net-worth individuals will find themselves under greater scrutiny from SARS in the immediate future.
07/06/2017
The adoption of the Andersen name is the logical next step in our expansion efforts in this key African market.
07/06/2017
The forum works under the auspices of the OECD and G20 and focuses on increasing the standard for information exchange.
07/03/2017
Fowler spoke at the weekend at the FIRS and Global Forum on Transparency and Exchange of Information on Tax Purposes workshop in Lagos.
06/30/2017
He noted that only 214 people were paying an annual tax of N20 million voluntarily which, according to him, is a far cry from the large number of high net-worth people in the country.
06/28/2017
The KRA has further recovered more than Sh5 billion from over 50 cases involving illicit financial flows.
06/26/2017
They are for fortune and health.
06/26/2017
It said tax evaders who delayed participation until after December 31 would be liable for interest on overdue tax balances.