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An Evaluation of Estate Planning Mechanisms in Nigeria
0₦2,500.00Despite the repeal of the Capital Transfer Tax Act 1979, some states, including Lagos, continue to charge a variant of inheritance tax called “Estate Duty”, before grant of probate or letters of administration in respect of a deceased person’s estate. Against this background, Abdul-Ghaniy Anjorin and Mazeedah Hassan, Legal Practitioners, in their paper, “An Evaluation of Estate Planning Mechanisms in Nigeria”, examine various estate planning devices that may be employed by an estate owner to simplify the administration of his estate, minimise probate fees, and ensure a seamless intergenerational transfer of assets.
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A Tax System of Many Colours that Our Country has Made for Us
0₦2,500.00Professor Taofeeq Abdulrazaq, Tax Partner, Nolands Nigeria Professional Services, waxes lyrical in “A Tax System of Many Colours that Our Country Made for Us”. He examines the legal status and validity of the Voluntary Assets and Income Declaration Scheme (VAIDS) and extra-statutory concessions, generally. He explores other judicial remedies available to a tax payer in light of the non-composition of the Tax Appeal Tribunals, and concludes that “conclusions are meaningless in a state of flux”.
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An Overview of the National Industrial Court (Civil Procedure) Rules 2016
0₦2,500.00Folabi Kuti, Partner, Perchstone & Graeys gives “An Overview of The National Industrial Court of Nigeria (Civil Procedure) Rules 2016” in his beautifully written article. He x-rays the salient and revolutionary provisions of the new Rules, the confusion between the short and long titles, and the applicability of ratified but undomesticated treaties by the National Industrial Court.
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Registration of Instruments in the Federal Capital Territory, Abuja
0₦2,500.00Olayimika Olasewere, Partner, SPA Ajibade & Co., Legal Practitioners, gives a practical guide on registration of title in Abuja in his article “Registration of Instruments in The Federal Capital Territory Abuja”.
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Are Nigerian Bank Holding Companies Taxable on Dividend?
0₦2,500.00Professor Taofeeq Abdulrazaq, Provost, Nigerian Academy of Taxation and Partner, Saffron Professional Services in his article “Are Nigerian Bank Holding Companies Taxable On Dividend?” examines the provisions of the Companies Income Tax Act and FIRS Circulars on Franked Investment Income and the liability of holding companies for tax on dividend paid by their subsidiary companies.
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The Multi-door Courthouse Concept: A Revolution in Alternative Dispute Resolution
0₦2,500.00Gogo Otuturu, Principal Partner, Crown Chambers and Senior Lecturer, Department of Legal Studies, Bayelsa State College of Arts and Science, Elebele, Yenagoa in “The Multi-Door Courthouse Concept: A Revolution In Alternative Dispute Resolution” examines the various forms of alternative dispute resolution, the challenge of enforcement of ADR awards and the attraction of the Multi-Door Courthouse concept.
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An Examination of Elements of Cross-Border Leasing
0₦2,500.00Dr. Abiodun Amuda-Kannike SAN, Principal, Amuda-Kannike (SAN) & Co and Lecturer, Faculty of Law, Niger-Delta University, Wilberforce Island, Bayelsa State in his article “An Examination of Elements of Cross-Border Leasing”, contemplates the issue of cross border equipment leasing, types of leases, conflict and choice of laws and efforts at uniformity wrought by the Unidroit Convention on International Financial Leasing.
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Registration of Trademarks: Safeguarding Business Interests and Protecting Consumers against Confusion
0₦2,500.00Yahya Hambali, Deputy Director, Nigerian Law School and research student at the School of Law, Queen’s University, Belfast, Northern Ireland, examines the provisions of the Trade Marks Act through decided cases and gives a practical guide on registration of trademarks.
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An Overview of Some Compliance Regulations for American Citizens or Permanent Residents doing Business in Nigeria
0₦2,500.00Joseph Munis, gives an overview of some compliance regulations that apply to American citizens and permanent residents doing business in Nigeria in An Overview of some Compliance Regulations for American Citizens or Permanent Citizens doing Business in Nigeria. U.S. laws are complex and highly unusual in their attempt to extend the reach of the organs of enforcement beyond the country’s borders. The tax and related laws which are essentially enforced by the Internal Revenue Service of the Treasury Department cast a long shadow to all corners of the world. The recent indictment of FIFA officials using the US legal system is a demonstration of this reach. The U.S. has statutes where there are extraterritorial provisions that can reach foreign citizens, US citizens and residents, if they violate certain laws. For these to be applied, there has to be a jurisdictional touch requiring that some aspect of law broken falls within the United States’ jurisdiction.
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The Legal Status of Free of Tax Payments under the Nigerian Personal Income Tax Act of 2004
0₦2,500.00Dr. Taofeeq Abdulrazaq, FIRS Professor of Taxation, Lagos State University and Partner Saffron Professional Services, examines the legal status of the expressions “free of tax”, “free of all deductions” etc in “The Legal Status of Free of Tax Payments under the Nigerian Personal Income Tax Act of 2004”.
