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Tax Bites

WAUTI: Still tasked with harmonising West Africa’s tax potential

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Recently, members of the West African Union of Tax Institute (WAUTI) gathered in Lagos for its first annual international tax conference.

Transfer pricing regulations… towards getting more tax revenue for government

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Tax authorities reckon that with increasing scale of international businesses and complexity of cross-border trade, paying closer attention to transactions between related parties is now necessary in ensuring tax revenues are not improperly allocated to other tax jurisdictions.

What you should know and do about the Personal Income Tax (Amendment) Act 2011

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As many people already know, the President on Tuesday 13 December 2011 while presenting the 2012 Federal Budget proposal to the joint session of the National Assembly confirmed that the Personal Income Tax (Amendment) Bill has been signed into law.