Sunday, February 17, 2019
—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 Talk:Who Collects Taxes? YBTC NEWS—Just like the proverbial snail and its shell, taxes and its collection are inseparable. While tax collection is the lifeblood of taxation, not everyone that knocks on your door is the legitimate tax collector. Sadly,...
-Tax: FIRS Generates N12.66bn From Nigerian Billionaires YBTC NEWS-The Federal Inland Revenue Service, FIRS has collected the sum of 12.66 billion naira in tax revenue from Nigerian Billionaires. The Executive Chairman, FIRS, Tunde Fowler, stated this on Friday when he received the...
—Tax Talk:Canons of Taxation YBTC NEWS—For every knock at the door, an average man wishes it's not the tax man (i.e. tax collector). For many a times, the tax man is perceived to be a messenger of doom; collecting his...
Tax Talk: Historical Development of Taxation in Nigeria Nigerian Tax System has over the years walked through the thick forest of history...   YBTC NEWS-The majestic nature of taxation is nulli secundus i.e second to none. Regardless of a nation’s natural resources,...
—We’ll go after Billionaire Tax defaulters soon,Says FIRS Boss YBTC NEWS—The Federal Inland Revenue Service (FIRS) Chairman, BabaTunde Fowler, said there will soon go after the bank accounts of defaulting taxpayers, who are raking in billions...
-FIRS to begin audit of taxpayers nationwide — Fowler -The greatest challenge for any tax administration is achieving and maintaining a high degree of self-assessment... YBTC NEWS-Mr Tunde Fowler, Executive Chairman, Federal Inland Revenue Service (FIRS), on Thursday said that the...
TAX TALK:What is Tax? YBTC NEWS—With a background already given on how taxes operate in Nigeria. The next question to be answered is what the true conception of tax is. In a recent conversation with a friend, he expressed how...
-TAX TALK with Abolarin Muhammad THEME 1: Understanding Taxation in Nigeria GENERAL INTRODUCTION While some can’t just wind their head around it. Like the story of 5 blindfolded men who were asked to describe an elephant based on what they were able...

Tax Matters

Nigeria Tax Payers hits 35 million— JTB

—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...
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