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Andersen Tax LP
 
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Tel: +234 0803 741 6980
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21 Lugard Avenue
Ikoyi
Lagos
Nigeria
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By Oladipo Maiye, Ogochukwu Isiadinso
The Executive Chairman of the Federal Inland Revenue Service (FIRS) and the Minister for Budget and Planning recently alluded to a proposed increase of Value Added Tax (VAT) rate from 5% to 6.5% -7.5%
By Olufunso Ola-Ojo, Nkiru Emenike
The Nigerian lottery and gaming industry has seen a lot of growth and expansion in recent years.
By Abisola Agboola, Victoria Seriki
It is therefore important that taxpayers are prepared and equipped to effectively manage the TP audit process.
By Andersen Tax LP
On 2 April 2019, the Senate, during its plenary, announced that President Muhammadu Buhari declined assent to the National Housing Fund (Establishment) Bill 2018 ("The NHF Bill").
By Andersen Tax LP
On 29 March 2019, the Court of Appeal (COA) set aside the decision of the Federal High Court (FHC) in the case between Nigerian Maritime Administration and Safety Agency (NIMASA)
By Andersen Tax LP
It is general knowledge that the heart of every organization is the workforce that generates revenue. To manage high staff turnover and to retain the best hands
By Andersen Tax LP
The Nigerian Investment Promotion Council (NIPC) recently released its Pioneer Status Incentive (PSI) Report for the fourth quarter of 2018.
By Michael Ango, Samuel Ibrahim
Historically, in Nigeria, the culture and practice of protecting and respecting data privacy is weak.
By Andersen Tax LP
In August 2018, taxpayers were awakened to sudden freezing of their bank accounts for alleged non-payment of taxes and this marked the beginning of an "account- freezing" operation by the Federal Inland Revenue Service (FIRS).
By Oladejo Adeyemi, Morohunkeji Adewole
In 2018, the Federal Inland Revenue Service (FIRS) reported that it collected N5.32trillion in tax revenue.
By Andersen Tax LP
Section 41 of the Personal Income Tax (PIT) Act mandates all persons who are taxable under the PIT Act to file a return of income and claims for every tax year with the tax authority of the state ...
By Amaka Samuel-Onyeani, Cynthia Mbajunwa
One of the major changes in the Income Tax (Transfer Pricing) Regulations 2018 (NTPR) is the introduction of administrative penalties.
By Andersen Tax LP
Following the suspension of lien placed on the bank accounts of alleged non-compliant taxpayers in February 2019
By Andersen Tax LP
On 18 February 2019, the National Assembly passed the National Housing Fund (NHF) Establishment Bill 2018 ("the NHF Bill").
By Chinwendu Enechi, Lanre Akinbolajo
As simple as this may seem, the profit to be considered for the purpose of EDT has been subject to several interpretations by different stakeholders in the tax space.