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Unlocking The Gains In Property Tax

The ease with which managers of the  Nigerian economy  pick crude oil revenue is responsible for the clear ambivalent disposition to growing other sectors of the economy.Worried by this trend, the...

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Issues Underlying Transfer Pricing (II)

As earlier stated, our Transfer Pricing Regulation (TPR) is benchmarked against the OECD transfer pricing guidelines.The TPR also provide a “safe harbour” which is an exemption from Regulation 6 of the...

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Tax Implication Of The Adoption Of International Financial Reporting...

In line with section 8 of Federal Inland Revenue Service (FIRS) Establishment Act 2007, FIRS issued a draft circular in October 2012 to provide direction to stakeholders on the tax implications of the...

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How About Tax Amnesty?

Innovation is driving revenue collection globally in the face of slow growth rate in trade and investment. More and more tax administrators are coming up with diverse products to raise government...

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Are We Not Ripe For A Tax Police?

Another expression of our compromised disposition to harnessing tax revenue in Nigeria is the way  Nigerians regard  compliance to tax payment.Corporate bodies and individuals alike have come up with...

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Dedicating Tax Revenue To Specific Expenditure

One of the biggest challenges the nation has been grappling with since the return to democratic rule has been the financing of capital projects.As a developing country with huge infrastructure deficit,...

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Social Media And Tax Administration

One of the best moments the 21st century has bequeathed to the world undoubtedly is the times we are in now, beginning with the invention of interactive media of communication namely: facebook,...

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