Updates

Platform for Collaboration on Tax’s New Toolkit Helps Countries Implement Effective Transfer Pricing Documentation Requirements

January 19, 2021/IMF The Platform for Collaboration on Tax (PCT), a joint initiative of IMF, OECD, UN and the World Bank, released the final version of the Practical Toolkit to Support the Successful Implementation by Developing Countries of Effective Transfer Pricing Documentation Requirements. The PCT’s new toolkit serves as a […]

DANGCEM, FLOURMILLS, FBNH Drag Market Indices Down by -0.2%-Cordros

January 18, 2021/Cordros Report EQUITIES The domestic equities market kicked off the week with negative sentiment, following profit taking on DANGCEM (-1.0%), FBNH (-4.0%) and FLOURMILL (-5.5%) stocks. Thus, the All-Share Index declined by 0.2% to 41,082.38 points. Accordingly, Month-to-Date and Year-to-Date return both moderated to +2.0%.   The total […]

A Guide to Stamp Duties in Nigeria

January 18, 2021/Proshare By PwC Nigeria  Stamp duty is a tax on instruments (written or electronic documents). The Stamp Duties Act Cap. S8 LFN 2004 (“SDA” or the Act”) can be traced to the 1893 Stamp Duties and Stamp Duties Management Acts passed by the British Parliament. It was enacted […]