SOCIO-ECONOMIC PROBLEM OF TAX AVOIDANCE AND EVASION IN NIGERIA: AN OVERVIEW Dominic Asada LL.B. (Hons.) B.L‚ LL.M. Tax Avoidance and Evasion are some of the most perplexing problems facing the nation today. It is widely believed that there is a considerable difference between estimated revenue from taxation every year and what is actually collected. This disturbing aversion to taxation has some historical antecedents. Traditionally‚ there has always been a hostile response to the payment of tax by the people
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the focus on people and knowledge has steadily increased. Today‚ companies face new challenges in dealing with issues such as the scarcity of talent‚ the value of ideas/knowledge and the changing preferences of the labor market. Consequently‚ successful HR strategies are needed more than ever. To fulfill this need the HR managers more or less have to face some constraint. Now being a contemporary issue of problems and prospects of Human Resource professions we have consider it as our topic.
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Career prospects 1. Before you strike off in pursuit of a career that really lights your fire‚ take some time to do some serious self-exploration. Make a list of all things in your life that you have really enjoyed. It could be work or play‚ an event‚ or a period of time in your life. Pick one and start digging into reasons why. Get beyond what you love doing‚ and break it down into the underlying characteristics. Think of it as identifying your passion’s building blocks. Once you have a picture
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Essays in Education Volume 22‚ Fall 2007 Problems for Teacher Education for Primary Schools in Nigeria: Beyond Curriculum Design and Implementation Olusegun Akinbote University of Ibadan‚ Nigeria Abstract Primary education is the core of development and progress sin modern societies. However the quality of teachers who are to ensure the realization of the aspirations we hold for our children has fallen below expectations. This study therefore investigated the entry qualifications‚ the mode
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Assessable income=ordinary income + statutory income. Ordinary income: income deriving from the courts (s6-5) Negative propositions: items that are not income by ordinary concepts: 1.Amounts not convertible into money :In Tennant v Smith (1892) free accommodation provided to a bank manager was held not to be ordinary income because building could not be sub-let and the benefit thereby converted to money. In FCT v Cooke & Sherden (1980) an incentive prize offered by a manufacturer was not income of the
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http://peoplesdailyng.com/changing-nigerians-identity-diaspora/ http://olorisupergal.com/nigeria-rich-country-poor-people-by-gbenga-ogunbiyi/#.UpH2I9Lik8o Nigeria is a member of both the Commonwealth of Nations‚ and the African Union. LANGUAGE There are hundreds of languages spoken in Nigeria. The official language of Nigeria‚English The languages spoken in Nigeria are said to be 521. The official language is English while the major ones that are spoken are Hausa‚ Igbo‚ Yoruba and
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ECONOMY OF NIGERIA Nigeria is a middle income‚ mixed economy and emerging market‚ with expanding financial‚ service‚ communications‚ and entertainment sectors. It is ranked 30th in the world in terms of GDP (PPP) as of 2011‚ and its emergent‚ though currently underperforming manufacturing sector is the third-largest on the continent‚ producing a large proportion of goods and services for the West African region. Previously hindered by years of mismanagement‚ economic reforms of the past decade
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A STUDY ON THE PROSPECT AND PROBLEMS OF CARGO HANDLING IN CHENNAI PORT: Introduction: Chennai Port‚ the third oldest port among the 12 major ports‚ is an emerging hub port in the East Coast of India. This gateway port for all cargo has completed 128 years of glorious service to the nation’s maritime trade. Maritime trade started way back in 1639 on the sea shore Chennai. It was an open road -stead and exposed sandy coast till 1815. The initial
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scope of charge to income tax A modern form of income tax was introduced into Federation of Malaya in 1947 by using the derived and remittance basis. Income Tax Act (ITA) 1967 came into effect has imposed world income basis on the resident company involved in specialized industries. Malaysia adopted a territorial and remittance. With effect of year of assessment of 2004‚ taxation basis amended to exempt income remitted into Malaysia from oversea. Until now‚ Malaysia income tax imposed on territorial
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macroeconomic conditions prevailing in Nigeria apart from taking into consideration the report given by the CEO-Nigeria operations. With this the report attempts to evaluate the economic viability of the business in Nigeria in a long run. Executive Summary The Nigerian wing of Larson Inc. finds it hard to operate efficiently owing to the changing policies of the local government; the issues related to cash flow‚ expatriate work force‚ unions‚ corruption‚ tax policies‚ red tape and scarcity of local
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