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Date
1
Fiscal Opportunities Of A Restructured Sports Sector: Football As Pilot (2)
The Nigerian league system owes its format to the British.
Nigeria
18 Oct 2017
2
Protecting Borrowers Under A Loan And Collateral Agreement In Nigeria
In order to execute large projects or for businesses to expand, there is usually a need to apply for loan facility from Banks ("the Bank").
Nigeria
18 Oct 2017
3
Nigeria Grants Concession For Undeclared Taxes
The then Acting President of Nigeria, Prof. Yemi Osinbajo signed the Voluntary Assets and Income Declaration Scheme, Executive Order No. 004 of 2017 on 29th June 2017 and gave a directive...
Nigeria
11 Oct 2017
4
Consumer Brands Beware – NAFDAC And Trade Marks In Nigeria
Nigeria is one of Africa's most prosperous, and fastest growing, economies.
Nigeria
11 Oct 2017
5
An Appraisal Of Types Of Marriage In Nigeria And Procedure For Contracting Statutory Marriage In Nigeria
Section 18 of the African Charter on Human and People's Rights (Ratification and Enforcement) Act, CAP A9, Laws of the Federation of Nigeria, 2004 provides for protection of family life.
Nigeria
11 Oct 2017
6
African Tax Administration Forum Launches Transfer Pricing Risk Assessment Toolkit
The African Tax Administration Forum (ATAF) launched its "Toolkit for Transfer Pricing Risk Assessment in the African Mining Industry" at the recently concluded International...
Nigeria
11 Oct 2017
7
OPEC Extends Nigeria's Exemption From Oil Production Cut
In the Joint Ministerial Monitoring Committee (JMMC) of OPEC and Non-OPEC Countries Meeting which held on 22nd September 2017 in Vienna, Austria, Nigeria was granted further exemption from oil production restrictions.
Nigeria
11 Oct 2017
8
Legal Issues Arising From A Technical Expatriate's Business In Nigeria
For expatriates to carry on their businesses in Nigeria some legal issues arises and same must be effectively dealt with to ensure smooth running of their businesses.
Nigeria
10 Oct 2017
9
Lagos State Internal Revenue Service's Public Notices On Taxation – Examining The Impact On Taxpayers
The Lagos State Internal Revenue Service (LIRS) has issued eleven (11) public notices in various national newspapers since August 2017.
Nigeria
9 Oct 2017
10
Fiscal Opportunities Of A Restructured Sports Sector: Football As Pilot (1)
In today's world, the reality is that sports is a business. Perhaps this is why there is always that distinction between those who pursue a particular sporting activity as hobbies or means of relaxation ...
Nigeria
9 Oct 2017
11
Life Premiums Are Tax Deductible But Not The Savings Component Says LIRS
Some life assurance policies contain elements of savings or investment. Such policies often mature during the active lifetime of the policyholder or based on an agreed tenure.
Nigeria
9 Oct 2017
12
LIRS Clarifies Conditions For Tax Deductibility Of Interest On Property Loan
The Lagos State Internal Revenue Service (LIRS) has released a public notice to provide clarification on the conditions and compliance requirements for individuals to qualify for tax deduction...
Nigeria
9 Oct 2017
13
Taxation Of Accommodation Benefit Provided By Employers – LIRS Position
It is common practice for some employers to provide accommodation to their employees under certain circumstances sometimes in lieu of housing allowance.
Nigeria
6 Oct 2017
14
LIRS Issues Public Notice On Exemption Of Compensation Of Loss Of Employment
The Lagos State Internal Revenue Service (LIRS) has issued a public notice (the Notice) with respect to the exemption of compensation for loss of employment.
Nigeria
3 Oct 2017
15
LIRS Issues Public Notice On Treatment Of Savings Element On Insurance Premium
The Lagos State Internal Revenue Service (LIRS) has issued a public notice (the Notice) to clarify the treatment of savings element on insurance premium.
Nigeria
3 Oct 2017
16
Interest Deductions On Owner Occupied Residential Houses Limited To First Application Only - LIRS
The Lagos State Internal Revenue Service (LIRS) issued a public notice (the Notice) on 20 September 2017 with respect to allowable interest deductions on owner-occupied residential houses.
Nigeria
2 Oct 2017
17
Compensation For Loss Of Employment Is Taxable Says LIRS
Paragraph 26 of the Third Schedule to the Personal I e Tax Act (PITA), 2011 as amended exempts "any compensation for loss of employment" from tax under the PITA.
Nigeria
29 Sep 2017
18
LIRS Clarifies Issues Relating To The Taxation Of Non-Nationals
A public notice has been published by the Lagos State Internal Revenue Service (LIRS) on the taxation of foreigners who perform employment duties in Nigeria.
Nigeria
28 Sep 2017
19
LIRS Issues Public Notice On Taxation Of Foreigners With Temporary Work Permit
Lagos State Internal Revenue Service has issued a public notice regarding the taxation of non-nationals with temporary work permit.
Nigeria
28 Sep 2017
20
LIRS Issues Public Notice On Taxation Of Employee Share/Stock Options
The Lagos State Internal Revenue Service (LIRS) recently issued a public notice (the Notice) with respect to the taxation of share-based payments in the hands of employees.
Nigeria
28 Sep 2017
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