nigeria tax system

  1. Nigerians Slam EU and ECOWAS for Calling VAT 'Very Low,' Accuse Outsiders of Ignorance

    Nigeria Nigerians Slam EU and ECOWAS for Calling VAT 'Very Low,' Accuse Outsiders of Ignorance

    The European Union and Economic Community of West African States (ECOWAS) delegation to Nigeria has criticized the country's Value Added Tax (VAT) system, stating that it falls below the ideal standard. Massimo De Luca, the Head of Cooperation of the EU and ECOWAS Delegation, highlighted the...
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    Senate mulls tax research fund as part of reform – The Guardian Nigeria Newspaper – Nigeria...

    As part of efforts to reform the Nigerian tax system and make it more efficient, the Senate is working on a legislation that seeks to establish a Tax Research … Read more via The Guardian Nigeria Newspaper – Nigeria and World News – https://ift.tt/2JmDAof Get More Nigeria Political News
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    Business FG Approves Policy To Tax First, Business Class Air Tickets

    Minister of finance, Kemi Adeosun has revealed that the federal government has signed a policy to tax first class and business class air tickets alongside other luxury goods. Fielding questions from Nigerians on Thursday morning, via Facebook, the minister was asked what her thoughts were on...
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    Politics FG To Recruit 7,500 Graduates As Tax Educators

    The Federal Government has said that it will recruit 7,500 graduates as Community Tax Liaison Officers to raise tax awareness among citizens. The Minister of Finance, Mrs Kemi Adeosun, along with the Chairman, Federal Inland Revenue Service (FIRS), Mr BabaTunde Fowler made this known at a joint...
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    Business FG Approves New Interest Rate For Unpaid Taxes

    President Muhammadu Buhari-led Federal Government has approved a new interest rate spread on unpaid taxes for the year 2017. The new interest rate was approved by the Minister of Finance, Mrs. Kemi Adeosun. According to the minister, the new interest rate shall be 5% over the Central Bank of...
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