Taxation is an integral part of the traditional package of services of the Nigerian firm of chartered accountants. Our firm, Festus Aleogena & Co, is no different in rendering such services and our accountants provide personal and companies income tax services. We also assist clients and their employees with tax planning. One of our Senior Partners is a member of the Nigerian Institute of Taxation. He personally supervises all tax services in the firm.
The many fiscal year changes in tax laws and the need for Nigerian business community to transfer technology from overseas draw even the smallest practice into the realm of tax consulting. The indigenization laws and the various schemes developed by the Enterprise Promotion Commission to attract industries to Nigeria are replete with tax concessions and tax abatement provisions. Some advanced countries also have reciprocal tax exempt rules intended to stimulate and encourage overseas exports.
No nation can operate alone in today’s global market place. The complexity in international tax regimes is such that no one small to midsize firm can track them on a regular basis. The largest firms which posses the strongest international links are very often out of touch with the needs of the small business operators in Nigeria. Our firm’s approach is to work through an international network of friendly small firms which specialize in their countries tax laws and practice. Through this group, we are able to meet the needs of clients that lack access and support of the big firms.
In conjunction with our associates we provide the following services:
- Personal and companies income tax preparation service
- Tax planning to minimize tax burden within the laws or defer huge tax liabilities through capital investments and long term tax exempt rules.
- International tax advice for expatriates with regards to home remittance of dividend taxed at source, double taxation relief etc
- Tax holidays; exempt business tax concessions on international transactions
- Value Added Tax (VAT) - installation of collection systems and computation of amount due and payable. Assistance with periodic returns.
- Back duty and tax fraud investigations
