TAX SERIES BY ENIOLA – E-COMMERCE (EPISODE 12)

EPISODE 1 – GENERATORS   The average Nigerian is a wary human. There abides an inherent distrust in any venture that involves parting with any form of capital, much less, taxes. To the average Nigerian, the government breaks things – promises, their hearts and the social contract, there is no direct benefit of paying taxes […]

TAX SERIES BY ENIOLA – SEASON 11 (COUNTRY BY COUNTRY REPORTING (CbCR))

EPISODE 1 – GLASSHOUSE “On 27 January 2016, the elders of Nigeria and of thirty other countries gathered at a square-table, majorly to mull over the three Base Erosion and Profit Shifting (BEPS) Pillars of the Organization for Economic Co-operation and Development (OECD). Of the three – Transparency, Coherence and Substance, Transparency was the fairest […]

TAX SERIES BY ENIOLA – SEASON 10 (THE TAX TWENTY)

ENNY MONEY Enny Money was once like YOU. Every tax talk was spent wondering what in the world was being discussed. Every person who liked and talked tax was looked at like some weird creature that derives pleasure in calculations and hard stuff. Now she’s Tax balling. Every tax thing ‘issa goal’. Be like Enny […]

TAX SERIES BY ENIOLA – PENULTIMATE SEASON 9 (CAPITAL GAINS TAX)

EPISODE 1 – THE PENULTIMATE If you had two final decisions to make – deal in foreign currency transactions and make cool profits or invest in real property to sell later, which would be your answer – the penultimate or the ultimate? I’d advise that you choose the penultimate just because it rhymes with the […]

TAX SERIES BY ENIOLA – SEASON 8 (PERSONAL INCOME TAX (PIT))

EPISODE 1 – WHAT TO DO? What to do when upcoming Bar Exams are infiltrating your dreams, textbooks and notebooks are calling your name, the cramming game is on a high and your proud father is busy telling all his patients of his daughter in law school? You switch up and tell everyone about the […]

TAX SERIES BY ENIOLA – SEASON 7 (STAMP DUTIES)

EPISODE 1 – APPROVAL At some point in our lives, we crave Approval, that pat on the back, Acceptance, that invitation to our dream school, job… or the Bar. What if we could buy Approval, Love or Acceptance with money? A tall order, but the Law is petty like that. The Love and Acceptance of […]

TAX SERIES BY ENIOLA – SEASON 6 – COMPANIES INCOME TAX (CIT)

EPISODE 1 – ASSURANCE ‘Ever imagined a life without CIT?’ Majority of people reading this will think ‘Ha! Nope.’ It’s interesting then to note that CIT is like the engines of an Airplane, without which it will crash. It is like Vibranium, without which Wakanda becomes commonplace. It is the invisible glue that holds the […]

TAX SERIES BY ENIOLA – SEASON 5 – PETROLEUM PROFITS TAX

EPISODE 1 – BOOM In a land of myth and a time of magic, the destiny of a great Country rested on the shoulders of its agrarian produces, by name – Cash crops. Cocoa, groundnut, timber, rubber, palm produce among others were famous for enhancing the local industries as raw materials and major exportation by […]

TAX SERIES BY ENIOLA – SEASON 4 (VALUE ADDED TAX)

EPISODE 1 – SUPPLY Ever visited a wholesale shop to buy something as mundane as a bathing sponge and the price got you wondering if it will actually wash your sins away? Or followed your friend to a thrift store at Ojuelegba where he purchased sturdy brogues for 3,000 naira and wondered if those who […]

TAX SERIES BY ENIOLA – SEASON 1

Episode 1- Canons of Taxation   “You can have a Lord and you can have a King, but the man to fear is the Tax Collector.” Many of us today still share this sentiment of the Iraqi from almost 4 millennia ago that Tax is a necessary evil. Tax however, has a human face and […]