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What is Tax Compliance Certificate?
tribeless asked 1 wk ago
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It is a certificate we issue to taxpayers to satisfy and confirm that they are compliant with all their statutory taxes as per their obligations.

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What is Tax offences?
tribeless asked 1 wk ago
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They include late filing, late payment, and failure to declare taxable income or transactions, and negligent or fraudulent misstatements in tax declarations.

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What is Tax Incentive?
tribeless asked 1 wk ago
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A tax incentive is a tax a benefit that reduces tax liability or defer the payment of tax to a future date. These incentives are aimed at encouraging investments in the industry thereby creating emplo

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What is Tax Return?
tribeless asked 1 wk ago
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This is a declaration made by taxpayers that summarizes their income, expenses and other pertinent tax information.

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What is Sufferance wharf?
tribeless asked 1 wk ago
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This is any place, other than an approved place of loading or unloading at which the Commissioner may allow any goods to be loaded or unloaded.

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What is Subsidy?
tribeless asked 1 wk ago
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This is the assistance by a government of a Partner State or a public body to the production, manufacture, or export of specific goods taking the form of either direct payments, such as grants or loan

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What is Smuggling?
tribeless asked 1 wk ago
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This is the importation, exportation, or carriage coastwise, or the transfer or removal into or out of a Partner States, of goods with intent to defraud the Customs revenue, or to evade any prohibitio

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What is Stamp Duty?
tribeless asked 1 wk ago
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Duty levied upon the issue of official documents, stamp duties are “levied” by way of a stamp being fixed to the document.

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Who is Sole Proprietor?
tribeless asked 1 wk ago
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Referring to persons who work for themselves and are not employed by another. The owner-operator of a sole proprietorship or a partner is considered self-employed.

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What is Restricted goods?
tribeless asked 1 wk ago
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This is any goods the importation, exportation, transfer, or carriage coastwise, of which is prohibited but can be permitted under certain circumstances and is subject to approval of a competent autho

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