The Presidential Fiscal Policy and Tax Reforms Committee has rejected most of the observations made by KPMG on Nigeria’s newly enacted tax laws, describing the advisory firm’s conclusions as largely flawed and based on misinterpretation. The committee, chaired by renowned tax expert Taiwo Oyedele, conveyed its position in a response issued on Saturday to KPMG’s …
The Centre for the Promotion of Private Enterprise (CPPE) has called for a strategic implementation framework that prioritises revenue efficiency over blanket enforcement measures as the new tax laws kick off. The Centre made the call in a statement on Sunday by its Chief Executive Officer, Muda Yusuf, citing a specific issue in the tax …
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has clarified that the new tax law is intended to support rather than harm the aviation industry. His clarification follows a recent claim by the Chief Executive Officer of Air Peace, Allen Onyema, that the reform will hurt the industry. Contrary to misconceptions, …
