August 26, 2018

Some African governments are devising various means of taxing over the top services like Facebook, Twitter, WhatsApp, Skype, Viber, and so on. These OTTs are usually free but are accessible through the network of operators in the telecommunications industry. The result...

August 8, 2018

In June and July 2018, Tanzania and Angola introduced tax amnesty programs. In Tanzania, an order issued on June 30 required taxpayers to voluntarily declare their outstanding tax bill, and pay same within the 2018-19 fiscal year in return for forgiveness of interest a...

May 8, 2018

On June 7, 2017, an important event happened in tax treaty history. Ministers and high-level officials from 76 countries agreed or formally signified an intention to sign a multilateral instrument, which modifies some existing bilateral tax treaties in the world today....

March 22, 2018

Excise duty stamp introduced in Ghana

The stamp will curb illicit trading of excisable goods. According to the government, the illicit trade has threatened the brand of legitimate businesses and caused revenue loss. Illicit trading could be in form of smuggling and coun...

February 24, 2017

Globally, Nigeria ranks 182 out of 189 countries on the ease of paying taxes index.[1] Between 2010 and 2016, Nigeria dropped in ranking from 119 to 182. This largely explains the low tax to GDP ratio currently standing at 2.8%.[2] Amidst this poor ranking, drop in oil...

December 3, 2016

On November 24, 2016, a multilateral instrument (the 'instrument') to modify bilateral tax treaties was adopted by more than 100 countries. This instrument has the effect of modifying more than 2000 tax treaties in force in the world today. Implementation of the instru...

November 26, 2016

The challenge of tax enforcement has been a recurring decimal in Nigeria. At the international plane, while the argument for tax enforcement generally oscillates between the voluntary compliance ideal on one hand and the command-control strategy on the other hand, this...

November 26, 2016

Since the discovery of oil, the Nigerian economy has been run almost solely on petrodollars. The fall in oil prices has propelled the government to revisit the issue of tax as a more sustainable means of funding infrastructure. But can the current design of Nigeria’s t...

October 21, 2016

On October 5, 2016, the Nigerian Federal Inland Revenue Service (“FIRS”) issued a public notice granting a three year tax amnesty to defaulting companies (the “tax amnesty program”). The goal of the tax amnesty program is to promote voluntary tax compliance and shield...

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