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September 8, 2023
TAXBIT: POST VOLUNTARY ASSETS AND INCOME DECLARATION SCHEME: ASSESSING THE IMPLEMENTATION AND LEVEL OF COMPLIANCE
Since the industrial revolution of 1798 in Great Britain, the mode and methods of managing businesses and economic activities among countries of the world have experienced […]
September 8, 2023
TAXBIT: STANDARDISATION OF THE MODE OF FILING TAX RETURNS – A CASE OF PROFESSIONALIZING TAX PRACTICE AND ADMINISTRATION IN NIGERIA
1.0     PREAMBLE Recently, the Federal Inland Revenue Service (FIRS) facilitated the signing of a Memorandum of Understanding (MoU) among the major players in the profession of […]
September 8, 2023
TAXBIT: FISCAL AND MONETARY POLICY MEASURES AND RE-ADJUSTMENT: RECOMMENDATIONS FROM THE NIGERIAN GOVERNOR’S FORUM- PART 1
 1.0     PREAMBLE The Governor’s Forum is a body that comprises of all the current Governors in Nigeria. The forum was established to enable Governors to collectively […]
September 8, 2023
TAXBIT: BLACK MONEY SYNDROME IN NIGERIA: A CASE OF TAX EVASION CAUSING FINANCIAL INSTABILITY
1.0. INTRODUCTION Money made illegally or otherwise legally but not recorded for tax purposes is referred to as “black money.” Proceeds from illicit economic activities are typically obtained […]