2017 OECD TRANSFER PRICING GUIDELINES RELEASED
On 10 July 2017, the Organization for Economic Co-operation and Development (OECD) published a revis...
RECENT DEVELOPMENTS ON THE VOLUNTARY PENSION CONTRIBUTION SCHEME
On 21 August 2017, the Joint Tax Board (JTB) and the Lagos State Internal Revenue Service (LIRS) iss...
PIONEER STATUS INCENTIVE SCHEME; EXPANDED COVERAGE AND REVISED GUIDELINES: RESPITE IN THE THICK OF TAX DRIVE?
Since the drop in crude oil prices in 2014/2015, the Nation’s focus had been drifting away from oi...
Further Clarifications on the VAIDS; Basic Facts, How to Declare, and the Benefits
The Voluntary Assets and Income Declaration Scheme (VAIDS) has now taken off in earnest, effective 1...
VAIDS: DEFAULTING TAX PAYERS TO RECEIVE 9 MONTHS GRACE
You would recall our newsletter of 31 March 2017, sensitizing you on the topic of Voluntary Assets a...
INTRODUCING e-SERVICES FROM THE FEDERAL INLAND REVENUE SERVICE (FIRS)
e-Registration To do business online with the FIRS, register and be authenticated at www.firs.g...
FG to Increase Interest Charge on Unpaid Taxes by 5% Above the CBN’s Monetary Policy Rate
As part of measures to sanction tax defaulters and enhance voluntary/ timely compliance to taxes, th...
Update on the Investigative Hearing on ‘Abuse of Pioneer Status’ being Organised by the National Assembly
Following the 16 May 2017 “https://www.vi-m.com/wp-content/uploads/2017/05/Abuse-of-pioneer-st...
CBN Commences a Special Forex Intervention for SMEs
The Central bank of Nigeria (CBN), in its effort to ensure access to foreign exchange by Nigerian bu...
Nigeria Releases New Immigration Regulations
The Minister of Interior, Lt. Gen. Abdulrahman Dambazau (Rtd.), on 20 March, 2017, released the new ...