TaxUrbanBlog @BlogTax
Taxformation Taxsimplification Taxducation All things Tax ABC's of Tax Lagos, Nigeria Joined January 2019-
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Researcher Cathal Long from @OdiDev shares his highlight of the 7th annual meeting #ICTD19 👇 Find out more about informal tax 👉 buff.ly/2Kyzle2
"The BEPS process did not solve all the problems, especially for African countries. We now need to focus on the allocation of taxing rights and ensure that Africa gets fair treatment in this new process"
CALL FOR APPLICATIONS📣📣 TJNA invites you to International Tax Justice Academy from 24-28 June 2019 in #Dakar #Senegal . Apply online in English bit.ly/2IPx8JA or French bit.ly/2LbTSpn . Deadline Friday 17th May 2019 at 13:00 GMT.#ITJA2019 #TAXJUSTICECHAMPIONS
We're hiring a #Research Officer for a project in #Uganda. They will work in collaboration with @OPMglobal @mofpedU & @URAuganda on #tax policy & admin reform. Details 👉 buff.ly/2L14p6r #tax4dev #opportunity
Throwing it back to this article which we recently published on “Minimizing Tax Exposures in Share Deal Business Acquisitions: Key Considerations from a Buyer’s Perspective” #ThrowbackThursday Click here to read more - andersentax.ng/minimizing-tax…
Next month I'm beginning a new role as Research Fellow at @IDS_UK, responsible for @ICTDTax's international tax work alongside @SolPicciotto. We're looking to fund research on international tax rules and developing countries. Please circulate! 👇ictd.ac/news/call-for-…
Our latest Newsletter addresses Tax Dispute Resolution in Nigeria: Challenges and Practical Steps #TaxinNigeria drive.google.com/file/d/1ddyXgz…
We're accepting new research proposals on the #taxation of self-employed professionals in #Africa and #SouthAsia. More info 👉 buff.ly/2usUtYr #taxjustice #tax4dev
REMINDER: the deadline for the Nigerian #Tax Research Network call for proposals is next week, April 11 ⏰ Requirements and process here ➡️ buff.ly/2TxWKQd #NTRNtax #Nigeria #opportunity #research
What have we learned about #gender and #tax in #Africa? Check out our latest newsletter featuring #research from #Tanzania, #Zimbabwe, #SierraLeone & #Uganda and @VVandenboogaard's presentation at #CSW63 ➪ bit.ly/2FlmgPv #genderequity #taxjustice #women
Like I said earlier on, we have received directives that we can now hook on to some government agencies to make sure that the taxes especially in the oil sector, and also the Legacy Debts... that we should come up with an agreement so that the debts are paid over a 10-year period
There will certainly be an increase in CIT (Companies Income Tax and also on PPT (Petroleum Profits Tax).
In terms of the challenge of N3 trillion, it is very challenging. But I can certainly see an increase in VAT of at least 35 to 50 per cent this year, based on the enforcement activities.
I’m sure that as the economy improves and as we continue to let them know that there will be an increase in VAT and they should be ready for it.
A lot of Nigerians travel to Ghana and other West African countries and they can see that the VAT is much higher and they pay when they go for those trips.
And I believe that by the end of this year, government and Nigerian people should be ready for an increase in VAT.
And I believe with the substitution of over 50,000 bank accounts that we just started this week I am sure that those businesses that have been collecting VAT ¬ remitting the same or not remitting any tax payment, are beginning to ensure that the level of tax compliance improve
But that aside, we are also on the streets. We have a team called FEETT, Federal Engagement and Enlightenment Tax Teams, going around to confirm that they (businesses) are registered for VAT.
We even gave a small promotion that for every 25 names, that they give to us, we give them a little gift either a power bank or something to show appreciation.

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