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Searching Content from Nigeria indexed under Property Taxes ordered by Published Date Descending.
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Court Rules That FIRS Cannot Assess Companies To Income Tax Based On Value Of Properties
In Theodak Nigeria Limited v FIRS, FIRS assessed the company, engaged in the letting of office premises, to tax based on a percentage of the value ...
Nigeria
1 Feb 2019
2
Nigerian President Signs Executive Order Mandating Nigerian Taxpayers To Declare And Pay Tax On Their Offshore Assets
Nigerian President signs executive order mandating Nigerian taxpayers to declare and pay tax on their offshore assets.
Nigeria
26 Nov 2018
3
Abuja High Court Stops Area Councils From Imposing Tenement Rates
The court cited a decision of the Court of Appeal in Bamak Pharmacy Ltd & Ors. v. Abuja Municipal Area Council (2010) LPELR 3850 CA.
Nigeria
14 Nov 2018
4
World Bank Doing Business Report 2019 : Nigeria Records Mixed Fortunes
The World Bank Group (World Bank) on Wednesday, 31 October 2018, published it's 2019 Doing Business Report (the Report).
Nigeria
7 Nov 2018
5
The Federal Government Of Nigeria Introduces The Voluntary Offshore Assets Regularisation Scheme (VOARS)
On 8th October 2018, President Mohammadu Buhari signed an Executive Order called the VOARS (Executive Order Number 008) aimed at combating tax evasion and regularizing offshore assets owned by persons resident in Nigeria ...
Nigeria
2 Nov 2018
6
Lagos State House Of Assembly Passes Land Use Charge Bill
LUCL applies to real and landed property in Lagos State, and seeks to consolidate all property and land based rates/charges into a single property charge.
Nigeria
15 Feb 2018
7
Provisional Tenement Rates To Be Introduced In The FCT
The Nigerian Constitution empowers local governments to assess and levy tenement rates.
Nigeria
3 Mar 2017
8
Court Of Appeal Decision On Applicability Of Stamp Duties On Bank Deposits: Further Details!
Sometime in 2013, the Nigerian Postal Agency entered into an agreement with an agent to collect from banks, the sum of N50 as stamp duty on all receipts...
Nigeria
23 Nov 2016
9
A New Tax Authority Has Been Established For The Federal Capital Territory
The federal government recently enacted a new law, the Federal Capital Territory Internal Revenue Service Act, 2015.
Nigeria
9 Jul 2015
10
Lagos State Has Announced Significant Reductions In Property Transfer Taxes
The governor of Lagos state, Nigeria has issued an Executive Order effectively reducing the charges payable for the transfer of land titles and processing Governor's Consent from about 15% to 3%.
Nigeria
19 Jan 2015
11
Applicability Of Value Added Tax To Real Property Transactions In Nigeria
As previously noted, VAT is chargeable on those goods and services which are referred to as "taxable" under the Act.
Nigeria
17 Dec 2014
12
More Taxes On The Horizon: A Look At The Proposed Property Tax In The FCT
If the Bill is passed in its current form, the tax payable on a property used for residential purposes in the FCT will exceed the tax payable in Lagos by more than ten folds.
Nigeria
15 Oct 2012
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