FIRS says income tax applies to income derived by companies from bonds and short-term securities
Federal Inland Revenue Service (FIRS) announced that income tax applies to income derived by companies from bonds and short-term securities ...
Tag: income tax
Court says State should collect VAT, income taxes, not FG
A Federal High Court in Port Harcourt ruled that Rivers State should be responsible for receiving Value Added Tax and ...
Employee vs. Independent Contractor: Differences you need to know
When Mr X got hired, he was excited about his new job but the person who hired him called him ...
FIRS issues public notice on implementation of the revised 2018 Transfer pricing regulations
Recently, the Federal Inland Revenue Service (FIRS) issued the Income Tax (Transfer Pricing) Regulations, 2018 (the 2018 TP Regulations), which ...
Nigeria issues the income tax (country-by-country reporting) regulations 2018
Nigeria has issued the Income Tax (Country-by-Country Reporting) Regulations 2018 (the CbCR Regulations). The Regulations are part of the implementation ...
Lagos State has just changed the way companies view terminal benefits
The Lagos Internal Revenue Service has issued a new guideline for taxation of compensation of employment benefits. This guideline is ...
