Pros and Cons of Windfall Tax
Opeyemi Quadri Nigeria’s government is proposing a 70% windfall tax on the foreign exchange profit made by...
Taxation
How to Navigate Tax Debt: Understanding the IRS Fresh Start Program
Editorial Staff Dealing with tax debt can be daunting, often overwhelming individuals and businesses and unsure of...
Benefits of Child Insurance Plans
Child insurance is often used as an investment strategy by parents to ensure the financial...
Step-by-Step Guide to Applying for Small Business Loans
Applying for small business loans can be a pivotal step in securing the funding needed...
Timeline of Tax Revenue Collections in Nigeria (1999-Present)
The Federal Inland Revenue Service (FIRS) collected at least N89.077 Trillion in 25 years, increasing...
How To Get a Tax Identification Number In Nigeria
If you live in Nigeria or you’re a registered person or entity, you need to...
Nigeria May Impose ‘Heavy’ Tax On Foreign Exchange Transactions At Parallel Market
The imposition of excise tax on foreign exchange transactions outside the official market is one...
R&D Costs: What They Entail and Tax Considerations
What Are R&D Costs? Research and Development costs are the expenditures incurred by a company in...
The Basics of Crypto Taxation in Nigeria
Introduction As cryptocurrencies continue to gain widespread adoption across the world, the landscape is becoming...
Crypto Taxation In Nigeria: How Much Will I Pay On Digital Asset Profits?
Profits from cryptocurrency trading are now taxable in Nigeria following the enactment of the 2023...
Form A Applicant To Submit Tax Clearance Certificate Effective June 1, 2023
Form A applicant is now required to submit valid three years Tax Clearance Certificates (TCCs)....
Why Is It A Paramount To Hire A Lawyer In Tax Debt Cases?
There are two types of IRS tax debt cases: Criminal and Civil. Often people who...
Kenya Introduces Digital Tax for Users of Cryptocurrency Marketplace
Authority in Kenya has introduced Digital Service Tax payable for by those who derive income...