Category: Reflections on Tax & Business Innovation
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Tax Consequences of Debt Cancellation or Debt Forgiveness in Nigeria
Key tax consequences of debt cancellation or debt forgiveness and what restructuring businesses seeking to employ this reorganization tool should look out for.
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Delmas v FIRS: Determination of Non-Freight and Inbound Freight Income, and What it Means for the Ongoing Tax Position of International Shipping Lines in Nigeria
The rationale behind the court’s determination of inbound freight income in Delmas v FIRS and what it means for the tax position of international shipping lines in Nigeria going forward.