A Review of the Regulation and Taxation of the Gaming Industry in Nigeria (A Comparative Study) 2 By Oshobugie Irumekhai And Oluwatobiloba  Adesemowo

A Review of the Regulation and Taxation of the Gaming Industry in Nigeria (A Comparative Study) 2 By Oshobugie Irumekhai And Oluwatobiloba Adesemowo

Governmental policy worldwide is what determines whether gaming activities are taxable or not. There is an absence of taxes in respect of gaming activities in jurisdictions where gaming has not been legalized. In other jurisdictions where gaming is legal, taxes are usually imposed on the income derived from gaming activities although this is not always the case as some jurisdictions like the United Kingdom have abolished taxes dealing with gaming activities.

A Review of the Regulation and Taxation of the Gaming Industry in Nigeria (A Comparative Study) By  Oshobugie Irumekhai & Oluwatobiloba Adesemowo

A Review of the Regulation and Taxation of the Gaming Industry in Nigeria (A Comparative Study) By  Oshobugie Irumekhai & Oluwatobiloba Adesemowo

The gaming industry in Nigeria is one with enormous potential for revenue generation. However, the prospect of realizing this potential is seriously hindered by the lopsided policies of regulation and taxation in the industry. This study attempts to critically examine the current state of the industry by reviewing the regulatory framework for gaming in Nigeria as well as highlighting the applicable taxes in that industry and juxtaposing with what obtains in advanced jurisdictions.

Control Lawless FIRS Officials, Lawyer Warns Kemi Adeosun

Control Lawless FIRS Officials, Lawyer Warns Kemi Adeosun

former chairman of the NBA Warri branch, Mr. John Aikpokpo-Martins has written a note of warning to the federal government agency, FIRS. This letter was written because of the lawless behaviour of some FIRS officials towards his client’s property when there is already a pending dispute over tax to be paid.

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