Federal Inland Revenue Service and Taxation Reforms in Democratic Nigeria

Federal Inland Revenue Service and Taxation Reforms in Democratic Nigeria PDF

Author: Ifueko Omoigui Okauru

Publisher: African Books Collective

Published: 2012

Total Pages: 610

ISBN-13: 9784877651

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In line with the federal structure of the Nigerian State, tax administration in the country is multi-tiered. The Federal Inland Revenue Service is responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government. The States Boards of Internal Revenue and the Local Government Revenue Committees perform similar functions at the State and Local Government levels respectively. This book attempts to chronicle the changes that have been taking place within the Federal Inland Revenue Service since 2004 and how these activities have contributed to the reforms in the Nigerian tax system. Chapters include tax policy, tax legislation, judicial processes, modernisation, compliance and enforcement, taxpayer services and delivery standard, entenching a strong ethical code, capacity building, asset management, security and safety management, cooperation and collaboration, international involvement, and tax treaty network and transfer pricing.

Federal Inland Revenue Service and Taxation Reforms in Democratic Nigeria

Federal Inland Revenue Service and Taxation Reforms in Democratic Nigeria PDF

Author: Ifueko Omoigui Okauru

Publisher:

Published: 2013

Total Pages:

ISBN-13:

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In line with the federal structure of the Nigerian State, tax administration in the country is multi-tiered. The Federal Inland Revenue Service is responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government. The States Boards of Internal Revenue and the Local Government Revenue Committees perform similar functions at the State and Local Government levels respectively. This book attempts to chronicle the changes that have been taking place within the Federal Inland Revenue Service since 2004 and how these activities have contributed to the reforms in the Nigerian tax system. In terms of value, the book facilitates an understanding of the role played by the Service; its staff and stakeholders in repositioning the Nigerian tax system. It is an essential reference material for everyone that seeks an understanding of the processes that underscore the ongoing changes in the Nigerian tax system.

Comprehensive Tax History of Nigeria

Comprehensive Tax History of Nigeria PDF

Author: Ifueko Omoigui Okauru

Publisher: African Books Collective

Published: 2012

Total Pages: 400

ISBN-13: 9784877643

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This book discusses the evolution of taxation in Nigeria within the framework of eight broad themes i.e., The Origin and Practice of Fiscal Federalism in Nigeria, The Constitutional Context for Taxation, The Three Eras of Taxation in Nigeria, The Structure and Jurisdiction of Nigerian Tax Authorities, Instruments of Tax Policy, Statutory Developments, Beyond Oil Revenue: The Case for Tax Reform and Making the Nigerian Tax System Globally Competitive.

FIRS Handbook on Reforms in the Tax System (2004-2011)

FIRS Handbook on Reforms in the Tax System (2004-2011) PDF

Author: Ifueko Omoigui Okauru

Publisher: African Books Collective

Published: 2012

Total Pages: 84

ISBN-13: 9784877686

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This short handbook detail the tax reforms made in Nigeria 2004-2011 in six chapters: Brief History of Taxation in Nigeria; Current Legislative Underpinning; Reforms to date; Revenue accruing to Governments for Appropriation; Recurring Issues and Challenges; and Global Tax Issues.

Fiscal Policy in Nigeria

Fiscal Policy in Nigeria PDF

Author: Mr.Thomas Baunsgaard

Publisher: International Monetary Fund

Published: 2003-07-01

Total Pages: 38

ISBN-13: 1451857330

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Fiscal policy in oil-producing countries can be profoundly affected by oil revenue uncertainty and volatility. Policy formulation should factor in the exhaustibility of the natural resources and aim at reducing oil revenue volatility passed on to the economy. Past fiscal policy in Nigeria has not been successful in this regard, since both revenue and expenditure have been highly volatile, to a large extent reflecting oil price developments. The paper discusses the role an appropriately designed fiscal rule, nested within the long-run sustainable use of oil revenue, could have in providing a more stable framework for fiscal policy formulation. It also highlights practical implementation and transitional issues.

Tax Administration Reform in China

Tax Administration Reform in China PDF

Author: John Brondolo

Publisher: International Monetary Fund

Published: 2016-03-17

Total Pages: 67

ISBN-13: 1484301110

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Tax administration improvements have contributed significantly to a doubling of China’s tax-to-GDP ratio and the substantial reduction in taxpayers’ compliance costs since the mid-1990s. This paper describes the key features of China’s tax administration and their evolution over the last 20 years. It also identifes emerging challenges to the tax system and areas where further tax administration improvements are needed to sustain tax revenue and reduce taxpayers’ compliance costs in the future.