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The Companies Income Tax (CITA) and the Personal Income Tax Act (PITA) do not require banks in Nigeria to collect a Tax Identification Number (TIN) from a customer before opening an account for business purposes. #PwCTaxChat
https://twitter.com/PwC_Nigeria/status/1189196544421093376LIRS believes that certain benefits in kind, particularly loans granted to employees, have not been disclosed to LIRS by employers as such, they have not been subject to tax. To plug this hole in the tax net, LIRS issued a public notice on Taxation of Employee Loan. #PwCTaxChat
To encourage international cooperation in addressing global migration and security challenges, the Nigeria Immigration Service (“NIS”) has introduced e-registration for foreigners in Nigeria and released guidelines on the process. #PwCTaxChat
Shelter is a basic need for all people, next only to food, water and sleep according to Maslow's Hierarchy of Needs Theory. #TaxThursday #PwCTaxChat