The Minister of Finance, Mrs. Kemi Adeosun, will this Wednesday speak on issues relating to tax and revenue leakages at the Platform for Collaboration on Tax Conference holding at the United Nations in New York
Tax
56m Economically Active Nigerians Evading Tax – Adeosun
The Minister of Finance, Mrs. Kemi Adeosun, today disclosed that about 56 million Nigerians who engage in one business or the other were not paying their taxes as required by law.
FG Targets CRS’ Implementation To Curb Tax Evasion
Determined to plug further all forms of loopholes in the nation’s tax administration system, the Federal Government is now working on modalities to implement the Common Reporting Standards (CRS) in the banking sector.
Proposed Lagos Land Use Charge Law May Face Implementation Hurdles – Experts
There are strong indications that the implementation of the yet to be fully enacted Lagos Land Use Charge Law 2017 may spark resistance from industry operators unless lawmakers tinker with some of its provisions.
ActionAid Nigeria Advocates Tax System Overhaul To Fund Education
ActionAid has canvassed the need for an overhaul of the nation’s tax system to provide the funding needed for education at all levels.
UN Reports EU Firms’ Failure To Claim Trade Tax Savings
Corporate entities exporting goods from the European Union have been found to be overpaying trade tariffs by about EUR72 billion yearly.
UK Initiates Moves On Inheritance Tax Reform
The UK’s Office of Tax Simplification (OTS) has been asked to come up with investigating proposals for the UK’s inheritance tax reform.
National Tax Policy Implementation Committee (NTPIC) Members After Submission Of Their Report To The Minister Of Finance, Mrs. Kemi Adeosun, In Abuja On Friday
Vice-Chairman, National Tax Policy Implementation Committee (NTPIC), Mr Taiwo Oyedele (6th Right) and other committee members after submission of their report to the Minister of Finance, Mrs. Kemi Adeosun, in Abuja on Friday
Nigeria, Others Share Data On Nigerians’ Overseas TaxableAssets
The Federal Government and some foreign countries, including the United Kingdom Government, have commenced the Automatic Exchange of Tax Information (AETI), particularly on overseas assets held by Nigerians.
FG Investigates Over 200 Whistleblowing Tips On Tax Frauds
The Federal Government today said it had commenced investigations into over 200 whistleblowing tips on tax officials and taxpayers and the process of sanitising the tax administration and revenue collection system.