Identifying with the sun as the primary source of energy helps us lay the foundation for understanding the earth's climate system and its scheme for energy equilibrium.
The Tax Appeal Tribunal (TAT) reaffirms previous decisions on deductibility of interest on related party loans, applicability of WHT to gas profits amongst other issues. Therefore, taxpayers can take some comfort in TAT’s consistency.
The NBS recently released tax collection data by all 36 states of the federation which totalled N683.6 billion out of which Lagos state accounted for N268 bn or 40% of the total revenue collected by all the states of the federation in 2015.
Studies have shown that proper taxation has a direct relationship to political governance. These are challenging times in Nigerian economic history and this ‘challenge’ creates an opportunity for the government to restructure the tax system in Nigeria to serve as a sustainable source of revenue.
Financial services technology 2020 and beyond: Embracing disruption
Nigeria recorded a trade deficit of NGN184.1 billion in Q1 2016, a first in seven years, following a steady narrowing of the trade surplus which started in Q4 2014.