—FIRS refutes report of 50% VAT increase YBTC News—The Federal Inland Revenue Service, FIRS, on Wednesday refuted report of planned increment of Value Added Tax, VAT, by 50 per cent to meet up payment of the newly proposed minimum wage. The...
—Tax Talk: Stamp Duties in Nigeria YBTC News—Esteemed readers, as promised on the last edition of #taxtalk, we will be taking you through Stamp Duties in Nigeria on this week’s edition as we round off discussions on types of taxes. Interestingly,...
Tax Talk: Tertiary Education Tax in Nigeria YBTC News—The tax net is not only wide but all-encompassing and just like religion, it impacts on every aspect of human life. Although, like you have most likely contributed to, the tax man is...
—Nigeria Tax Payers hits 35 million— JTB YBTC News—The Joint Tax Board, JTB, says Nigeria’s database of taxpayers has expanded from 20 million to 35 million. The Executive Secretary of the Board, Oseni Elamah, disclosed this in an interview with the...
      -Types of Taxes in Nigeria: Capital Gains Tax YBTC NEWS-A capital gains tax is a tax levied on capital gains or profits from the sale of certain types of assets. Several countries across the globe makes provisions for capital gains...
      -Types of Taxes in Nigeria: Value Added Tax (VAT). YBTC NEWS- It is no news that government diligently source for income through taxation. After all, money must be generated to cater for government expenditures. The cost of producing is not...
YBTC NEWS—The rationale for taxing companies seem quite obvious enough - at least if not for anything but for the money companies make with social facilities. Nevertheless, it will be worthwhile to unwrap what the taxation of companies really...
Tax Talk:Types of Taxes in Nigeria Petroleum Profit Tax YBTC NEWS—Just like agriculture in its glorious days, the petroleum industry plays a dominant role in contributing to the Nigerian economy, both in foreign exchange earnings and domestic income generation. In the tax...
—Tax Talk:Structure of the Nigerian Tax System YBTC NEWS—The sustenance of every system depends largely on its relevant responses to the prevailing challenges facing its operations; and that’s why it is always either the system triumphs over the challenges or...
—Tax Talk: Importance of Taxes (Why Pay Taxes?) YBTC NEWS—Especially in developing economies, taxes are majorly viewed as burdens and a mere tormenting act of handing over one’s (hard earned) money to the government. Hence, across the whole place, you’ll...

Tax Matters

Tax Talk: Weird Taxes in History

—Tax Talk: Weird Taxes in History YBTC News—As discussed in previous editions, a very key component of taxes is the basis on which they are...
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