EU partner FIRS to sensitise CSOs on tax responsibilities, compliance

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 78%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The two organisations organised a webinar Thursday to promote CSOs understanding and knowledge of their tax responsibilities.

On its part, the EU-ACT said it wants to provide a space for structured and regular multi-stakeholder dialogues for an improved and inclusive regulatory environment for CSO operations in Nigeria.

The organisation noted that it has conducted several research and surveys on CSOs regulatory environment, adding that it has come to understand as factual the assertion that CSOs compliance to relevant laws and regulations is generally weak in Nigeria. “These regulations are complex to many CSOs who lack the requisite knowledge and information about the regulations and how to go about such compliance. And even in trying to comply, CSOs face many challenges.It added that these two factors, amongst others, lead to poor compliance of CSOs to such existing laws and: “this, for a fact, hinders CSOs effectiveness, limits their potential and in some cases is detrimental to their sustenance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bauchi CSOs lament shortfall of health workers, task govtA call has gone to the Bauchi State government to recruit more health workers into the state civil service to make up for the shortfall of workers in the
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Bauchi CSOs lament shortfall of health workers, task govtA call has gone to the Bauchi State government to recruit more health workers into the state civil service to make up for the shortfall of workers in the
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Court refuses to grant Rivers, Lagos' request to stop FIRS from collecting VATThe Court of Appeal in Abuja had on 10 September ordered parties to the VAT collection case to maintain status quo.............. An Almajiri must be the Judge Who cares what an aboki court says
Source: PremiumTimesng - 🏆 3. / 78 Read more »

VAT: Lagos may join Rivers in FIRS appeal, court reserves ruling - Punch NewspapersThe most widely read newspaper in Nigeria In Buhari’s supreme Court ? Going to supreme Court is more symbolic than seeking justice
Source: MobilePunch - 🏆 8. / 63 Read more »

A’Court Refuses To Stop FIRS From Collecting VATThe Court of Appeal yesterday rejected a request by Rivers and Lagos states government for the appointment of receiver or manager for the purpose of The Court of Appeal yesterday rejected a request by Rivers and Lagos states government for the appointment of receiver or manager for the purpose of collecting and keeping Value Added Taxes (VAT) in place of the Federal Inland Revenue Services (FIRS) pending the resolution of all legal disputes in the matter.
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Nigeria to assist DRC in establishing national fire serviceThe Nigerian Government has concluded plans to assist the Democratic Republic of Congo in establishing its national fir service. The controller General of
Source: DailyPostNGR - 🏆 11. / 59 Read more »