NO GOVERNMENT CAN SURVIVE WITHOUT TAXATION

NO GOVERNMENT CAN SURVIVE WITHOUT TAXATION

by | Apr 14, 2020 | Tax Education

By Dr. Tom Ohikere Taxation is fundamental to sustainable development: it supports the basic functions of an effective state and sets the context for economic growth. However, there is another role for taxation that is often overlooked – as a catalyst for more...
CONSUMPTION TAX

CONSUMPTION TAX

by | Jul 30, 2019 | Tax Education

Consumption Tax is an indirect form of tax levied on spending on goods and services at relaxation centres as well as other hospitality outlets like; Hotels, Restaurants, Eateries, Guest Houses, Event Centres etc. The Kogi State House of Assembly enacted this Law in...
STAMP DUTY

STAMP DUTY

by | Jul 25, 2019 | Tax Education

STAMP DUTY  Stamp duties are basically taxes paid on instruments and not on verbal agreements that are not documented, which is also known as oral transactions. Some transactions especially ones in respect of land must be evidenced in writing. Section 4 of the statute...