Thursday, June 5, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
BROAD NEWS — WITHIN NIGERIA
  • HOME
  • FEATURES
  • BROAD NEWS
    • National
    • Metro
    • Politics
    • Entertainment
    • Sports
    • Economy
    • Education
    • Business
    • Agriculture
    • Environment
    • Foreign
    • Health
    • Law
    • Lifestyle
    • Opinions
    • Religion
    • Security
    • Technology
    • World
  • NEWS PICKS
  • ENTERTAINMENT
  • GIST
  • MORE
    • VIDEOS
    • ARTICLES
No Result
View All Result
  • HOME
  • FEATURES
  • BROAD NEWS
    • National
    • Metro
    • Politics
    • Entertainment
    • Sports
    • Economy
    • Education
    • Business
    • Agriculture
    • Environment
    • Foreign
    • Health
    • Law
    • Lifestyle
    • Opinions
    • Religion
    • Security
    • Technology
    • World
  • NEWS PICKS
  • ENTERTAINMENT
  • GIST
  • MORE
    • VIDEOS
    • ARTICLES
No Result
View All Result
BROAD NEWS — WITHIN NIGERIA
No Result
View All Result
  • HOME
  • FEATURES
  • BROAD NEWS
  • NEWS PICKS
  • ENTERTAINMENT
  • GIST
  • MORE

TRENDING IN 7-DAYS

No Content Available
  JUST IN
Japan’s justice minister resigns after death penalty quip November 11, 2022
Quinquagenarian docked for alleged wilful damage, land grabbing November 11, 2022
Mitigating impact of emerging biosecurity threats November 11, 2022
2 public servants docked over alleged failure to produce suspect November 11, 2022
Company donates 40 WPS licenses for ABU’s smart classrooms November 11, 2022
Security men docked for alleged theft of generator in Lagos November 11, 2022
Ebonyi’s Gov. Umahi plans to produce 10,000 young multimillionaires using agriculture November 11, 2022
Blatter says Iran should be barred from Qatar World Cup November 11, 2022
FG, LASG promise joint action on Eko Bridge, others November 11, 2022
Quacks are taking over our profession in Ogun, Medical Doctors seek intervention November 11, 2022
PDP to lodge formal complaint to police over attacks on its campaign trails November 11, 2022
2023: South-South Committee promises massive votes for Tinubu November 11, 2022
Presidency commends Saudi Humanitarian support to Nigerian conjoined twins November 11, 2022
APC chairman optimistic of Tinubu’s victory in 2023 Elections November 11, 2022
2023 Elections: Former Information Minister tasks editors on agenda setting November 11, 2022
North-West is indebted to Tinubu, says APC contact committee November 11, 2022
Naira depreciates slightly against dollar, exchanges at 446.10 November 11, 2022
Minister mourns Nigeria Ports Consultative chairman, Folarin November 11, 2022
COP27: Activist calls on oil coys to clean up oil spills in Niger Delta November 11, 2022
Musk begins survey on changes in content quality on Twitter November 10, 2022
Next
Prev

MOST READ TODAY

No Content Available
No Content Available

FIRS Chairman seeks collaboration among African countries on tax digital businesses

in Metro
Reading Time: 2 mins read
0
Damilare Aanuby Damilare Aanu
May 10, 2022

 Executive Chairman of Federal Inland Revenue Service (FIRS), Muhammad Nami, has called for improved collaboration among African countries and international stakeholders to effectively subject digital businesses to tax.

This is contained in a statement issued by Special Assistant to the FIRS chairman on Media and Communication, Johannes Wojuola, on Tuesday in Abuja.

The statement quoted Nami making the call at a Technical Assistance Programme, organised by African Tax Administrators’ Forum (ATAF) held in Lomé, Togo.

Reports have it that the programme had, as its theme: “Members’ Needs and How to Broaden the Collaboration.”

He said that some African countries had endorsed the Organisation for Economic Cooperation and Development’s Inclusive Framework’s global solution on the tax challenges of the digitalised economy.

READ ALSO

Quinquagenarian docked for alleged wilful damage, land grabbing

FG, LASG promise joint action on Eko Bridge, others

Presidency commends Saudi Humanitarian support to Nigerian conjoined twins

2023 Elections: Former Information Minister tasks editors on agenda setting

“Our analysis continues to show that the possible cost of administering and implementing the complex rules will far outweigh the expected revenue accruing from its implementation.

“I, therefore, urge the African Tax Administrators Forum (ATAF) to join the discussion at the UN Tax Committee of Experts, South Centre.

“The forum should also collaborate with all other well-meaning stakeholders to explore alternative rules that will enable African countries to effectively subject the digital businesses and base eroding payments to tax in our jurisdictions.

“These collaborations should extend to other rules developed and implemented at international level for the taxation of multi-national enterprises, such as the tax treaty, exchange of information and transfer pricing rules,” Nami said.

ATAF should collaborate with the United Nations Development Programme (UNDP) to explore opportunities for Africa within the programme’s tax for the Sustainable Development Goals (SDGs) initiative.

“It should also ensure that African countries are able to generate appreciable revenue to fund SDGs.

The FIRS chairman stressed the need for capacity building for members in respect of base erosion and profit shifting actions by multi-national corporations and on taxation of the digital economy.

According to him, Nigeria will continue to hold the view that the outcome will produce very minimal revenue comfort for African counties.

“This is instructive, considering the implementation challenges that developing jurisdictions will face due to the complexity of the Pillars I and II rules.

“It is crucial for the ATAF technical assistance to look toward improving the capacity of member-countries’ tax administration through the digitisation of operations,” he said.

Nami urged ATAF to organise peer-to-peer knowledge sharing sessions between beneficiaries of the technical assistance programmes and intensify technical assistance on international tax rules, particularly in the areas of tax treaties, transfer pricing and exchange of information.

Got News Tip? Send Us Story !
Follow Us on Google News

MOST READ TODAY

No Content Available

Faster Updates

Get News Via Whatsapp
Get News Via Telegram
Follow Us on Google News
Got News Tip? Send Us Story !

LATEST UPDATES

Japan’s justice minister resigns after death penalty quip

November 11, 2022

Quinquagenarian docked for alleged wilful damage, land grabbing

November 11, 2022

Mitigating impact of emerging biosecurity threats

November 11, 2022

2 public servants docked over alleged failure to produce suspect

November 11, 2022

Company donates 40 WPS licenses for ABU’s smart classrooms

November 11, 2022

Security men docked for alleged theft of generator in Lagos

November 11, 2022

Ebonyi’s Gov. Umahi plans to produce 10,000 young multimillionaires using agriculture

November 11, 2022

Blatter says Iran should be barred from Qatar World Cup

November 11, 2022

FG, LASG promise joint action on Eko Bridge, others

November 11, 2022

Quacks are taking over our profession in Ogun, Medical Doctors seek intervention

November 11, 2022
Load More

Discussion about this post

ADVERTISEMENT

LATEST NEWS

Japan’s justice minister resigns after death penalty quip

3 years ago

Quinquagenarian docked for alleged wilful damage, land grabbing

3 years ago

Mitigating impact of emerging biosecurity threats

3 years ago

2 public servants docked over alleged failure to produce suspect

3 years ago

Company donates 40 WPS licenses for ABU’s smart classrooms

3 years ago

Security men docked for alleged theft of generator in Lagos

3 years ago

Ebonyi’s Gov. Umahi plans to produce 10,000 young multimillionaires using agriculture

3 years ago

Blatter says Iran should be barred from Qatar World Cup

3 years ago

FG, LASG promise joint action on Eko Bridge, others

3 years ago

Quacks are taking over our profession in Ogun, Medical Doctors seek intervention

3 years ago
PDP logo

PDP to lodge formal complaint to police over attacks on its campaign trails

3 years ago

2023: South-South Committee promises massive votes for Tinubu

3 years ago

Presidency commends Saudi Humanitarian support to Nigerian conjoined twins

3 years ago

APC chairman optimistic of Tinubu’s victory in 2023 Elections

3 years ago

2023 Elections: Former Information Minister tasks editors on agenda setting

3 years ago

North-West is indebted to Tinubu, says APC contact committee

3 years ago
Load More
BROAD NEWS — WITHIN NIGERIA

WITHIN NIGERIA MEDIA LTD.

NEWS, MULTI MEDIA

WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

Follow us on social media:

CORPORATE LINKS

  • About
  • Contacts
  • Report a story
  • Advertisement
  • Content Policy
  • Private Policy
  • Terms
 
  • Fact-Checking Policy
  • Ethics Policy
  • Corrections Policy
  • REPORT A STORY
  • PRIVACY
  • CONTACT US

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

No Result
View All Result
  • HOME
  • FEATURES
  • BROAD NEWS
    • National
    • Metro
    • Politics
    • Entertainment
    • Sports
    • Economy
    • Education
    • Business
    • Agriculture
    • Environment
    • Foreign
    • Health
    • Law
    • Lifestyle
    • Opinions
    • Religion
    • Security
    • Technology
    • World
  • NEWS PICKS
  • ENTERTAINMENT
  • GIST
  • MORE
    • VIDEOS
    • ARTICLES

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName