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n Tax Breaks Newsletter - Clamp-down on tax evasion by expatriates in Nigeria

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Abstract

Extracted from text ... Moneyweb's TAX BREAKS May 2006 5 THE STATE Internal Revenue Service (SIRS) in Nigeria has launched an aggressive tax-collection drive among expatriates in the country, who are liable to tax on their worldwide income irrespective of where it is paid, warns PricewaterhouseCoopers. According to Taiwo Oyedele, senior consultant of PWC in Nigeria, there is a history of endemic tax evasion in that country by expatriates, including a sizeable number of South Africans, who rarely disclose their actual income or sometimes understate their earnings. "Often this takes the form of only disclosing to the revenue authorities the income they are ..

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/content/montb/2006/244/EJC78254
2006-05-01
2016-12-05
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