New tax rule authorises lifestyle audit to detect hidden income
AI Summary
Nigeria's new Presumptive Tax Regulations authorize tax authorities to conduct lifestyle audits to estimate undeclared income. The measure gives officials another tool for identifying potential tax evasion.
The Nigerian government has authorised tax authorities to conduct lifestyle audits to estimate undeclared income under the new Presumptive Tax Regulations. Read More: https://punchng.com/new-tax-rule-authorises-lifestyle-audit-to-detect-hidden-income/
Politics Nigeria tax regulation lifestyle audits undeclared income tax authorities Presumptive Tax Regulations