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Statutorily and administratively, the FIRS has the responsibility for the assessment, collection and accounting of taxes to the Government: [9] The timely provision and publication of accurate data and annual reports to the Federal Government of Nigeria and other stakeholders to inform national economic planning, academic research, tax policy and development legislation [10]
ANAN was admitted as a member of the Association of Professional Bodies of Nigeria on 7 December 2010. [5] ANAN is also a member of the Financial Reporting Council of Nigeria (FRCN), which sets accounting standards for the country. [6] Both ANAN and ICAN nominate two members to the NASB board. [4]
The CITN was formed in February 1982 and chartered by the Federal Government of Nigeria by the enabling Act No. 76 of 1992. [1] Members of the institute may be Accounting, Legal or other professionals who have obtained the relevant tax expertise. The institute provides training and conducts examinations to determine eligibility. [2]
The government had given ANAN the mandate to compete with ICAN, and by 1994 the two organisations fought for control of chartered accountants in Nigeria. [7] In 2002, ICAN petitioned the courts to disqualify and/or bar Clement Akpamgbo from representing ANAN, and the matter was referred to a lower court.
The Nigeria Customs Service (NCS) is an agency of the Federal Republic of Nigeria, which operates as an independent customs service under the supervisory oversight of the Nigerian Ministry of Finance, responsible for the collection of customs revenue, facilitation of both national and international trade, anti-smuggling and border security activities.
Google pays Apple at least $20 billion a year to make its search engine the default on iPhones.. Those payments were at the heart of a federal antitrust case Google lost earlier this year. Now ...
Nigeria, like many middle income countries, employed fragmented systems in handling government receipts and payments up to 2012. [ 5 ] The introduction of the Treasury Single Account policy therefore was vital in reducing the proliferation of bank accounts operated by ministries, departments and agencies (MDAs) towards promoting financial ...
The LPGA Tour will play for $127.5 million in official prize money in 2025, another record for the circuit that has worked independently of the PGA Tour for 75 years. The schedule announced ...