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Searching Content by Deloitte Nigeria ordered by Published Date Descending.
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1
FIRS To Introduce e-Filing For Transfer Pricing Returns In 2020
The Federal Inland Revenue Service (FIRS), in its bid to enhance efficiency in tax administration, is set to automate the process of filing transfer pricing (TP) returns.
Nigeria
14 Oct 2019
2
Lagos State Internal Revenue Service Introduces Enterprise Tax Administration System (e-Tax)
Further to the launch of e-Filing portal for submission of individual and employer's tax returns early this year, Lagos State Internal Revenue Service (LIRS), has now introduced a ...
Nigeria
10 Oct 2019
3
Nigerian Lawmakers Investigate The Compliance Of Selected Organisations With Statutory Contributions To The Employees' Compensation Fund
The House of Representatives ("HoR"), has issued a Public Notice ("the Notice"), inviting 1,124 organisations across the public and private sectors to an investigative hearing,
Nigeria
8 Oct 2019
4
The African Continental Free Trade Area
AfCFTA is designed to be a legal instrument which would foster economic integration by creating a single market for goods and services, vide progressive elimination of tariff barriers (TBs)
Nigeria
30 Sep 2019
5
Nigeria Immigration Service Releases The E-Registration Guideline For Migrants
The Nigeria Immigration Service (NIS) recently released a simplified guideline (The Guideline) for a successful migrant e-registration. This was necessitated by the need to ensure a credible
Nigeria
24 Sep 2019
6
Nigerian Government Proposes 50% Increase In VAT Rate
The Federal Executive Council (FEC) of the Federal Government of Nigeria (FGN) on Wednesday, 11 September 2019, approved a 50% increase in the Value Added Tax (VAT) rate applicable...
Nigeria
23 Sep 2019
7
FIRS Releases The Income Tax (Common Reporting Standard) Regulations 2019
The Federal Inland Revenue Service (FIRS) recently released the Income Tax (Common Reporting Standard) Regulations (The Regulations).
Nigeria
23 Sep 2019
8
Companies In Nigeria To Pay Police Trust Fund Levy Of 0.005% Of Net Profits
The Federal Government of Nigeria (FGN), recently made public the Nigeria Police Trust Fund (Establishment) Act, 2019 ...
Nigeria
19 Sep 2019
9
If You Want To Prosper, Consider Building Roads
In Africa, large infrastructure gaps remain an obstacle to growth, investment and economic diversification.
Worldwide
13 Sep 2019
10
Getting Cloud Right: How Can Banks Stay Ahead Of The Curve?
Cloud is not the future or an emerging trend anymore—it is the present and is a critical tool for financial institutions to stay competitive in today's challenging business environment.
Nigeria
12 Sep 2019
11
Tax Appeal Tribunal Delivers Landmark Ruling Against Abia State Board Of Internal Revenue
The Tax Appeal Tribunal (TAT or the Tribunal), on 21 August 2019, in the case between Polaris Bank PLC (Polaris or the Appellant) V. Abia State Board of Internal Revenue (ASBIR or the Respondent)
Nigeria
3 Sep 2019
12
FIRS To Pursue Directors And Management Staff For Outstanding Corporate Tax Liabilities
Federal Inland Revenue Service (FIRS) on Monday, 19 August 2019, issued a public notice mandating companies with lien on their accounts to regularise their tax status
Nigeria
22 Aug 2019
13
FIRS Demands Deduction Of WHT/VAT At Source On All Forms Of Commission And Rebates Paid To Distributors And Customers
Federal Inland Revenue Service (FIRS) on Wednesday, 14 August 2019, issued a public notice informing taxpayers that commission and rebates earned by distributors and customers are subject
Nigeria
19 Aug 2019
14
Tax Appeal Tribunal's Judgement On The Taxability Of Gratuity Payments
The Tax Appeal Tribunal ("TAT" or "the Tribunal") sitting in Enugu State on 20 June 2019 delivered a judgment in favour of Nigerian Breweries Plc ("Nigerian Breweries" or "Appellant")
Nigeria
8 Aug 2019
15
FRCN revokes rule requiring regulatory approval before recognising certain expenses
The Financial Reporting Council of Nigeria ("FRCN") on Monday, 5 August 2019, issued a public notice
Nigeria
8 Aug 2019
16
NSE To Resume Charging VAT On Commissions Applicable To Capital Market Transactions
The Circular reverses the existing incentives which exempt Value Added Tax (VAT) on all commissions applicable to capital market transactions.
Nigeria
26 Jul 2019
17
PenCom Introduces The Enhanced Contributor Registration System
The National Pension Commission (PenCom) has issued a public notice (the Notice) to inform the general public of the deployment of an Enhanced Contributor Registration System
Nigeria
19 Jul 2019
18
Court Of Appeal Affirms The Applicability Of VAT On Services Rendered By A Non-Resident Company
The Court of Appeal (CoA), on 24 June 2019, upheld the decision of the Federal High Court (FHC), in the case between Vodacom Business Nigeria Limited (‘Vodacom' or ‘Appellant') and Federal Inland Revenue Service...
Nigeria
15 Jul 2019
19
Nigeria To Sign Agreement Establishing The African Continental Free Trade Area
The Federal Government of Nigeria (FGN) has indicated its intent to sign the agreement establishing the African Continental Free Trade Area (AfCFTA) at the 12th Extraordinary Summit of the African Union
Nigeria
12 Jul 2019
20
Tax Appeal Tribunal Relieves Employers Of Tax Obligation On Voluntary Pension Contribution
The obligation to account for taxes due on withdrawal of voluntary pension contributions (VPC) was made clearer in the judgement delivered yesterday by the Tax Appeal Tribunal (TAT)
Nigeria
2 Jul 2019
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