Introduction In 2019, the Federal Government of Nigeria enacted the Finance Act 2019 (“FA19”), which introduced several amendments to extant tax statutes. The FA19 was enacted for the tripod reaso...
NIGERIA TAX MATTERS: HIGHLIGHTS OF THE LAGOS STATE VAT LAW 2021
Introduction Following the judgment of the Federal High Court sitting in Port Harcourt in Attorney-General of Rivers State v. FIRS & Attorney-General of the Federation affirming the exclusive legi...
THE FINANCE ACT 2020-THE NIGERIAN GUIDE ON MAJOR CHANGES TO THE NIGERIAN TAX REGIME
Introduction On 31st December 2020, President Muhammadu Buhari signed the 2021 Appropriation Bill and the 2020 Finance Bill into law.[2] The Finance Act 2020 took effect from 1st January 2021. The Fi...
Revenue Generation Through Taxation Versus Investment Attraction Through Tax Incentives: In Search of a Balance [Miracle Eme’s winning essay]
Introduction A basic responsibility of every government is the provision of public infrastructure and social services to its citizenry. Being a highly capital-intensive venture, generating adequate re...
The Legality of Gross-Up Provisions in Commercial Agreements Revisited
The Legality of Gross-Up Provisions in Commercial Agreements Revisited – by Olalekan Sowande...