A Comprehensive Tax History of Nigeria

Index

359 INDEX Abacha, Sani, 14, 24, 339 Aboyade Technical Committee,12-13 - on revenue Allocation, 20, 22-23 Aboyade, Professor, 20 Accounting period 325 – definition , 226-227 Ad valorem duties, 248-249, 251 Adjusted profits of a company, 224 Administrative Federalism, 4 Agricultural Development Levy, 307 Aguda, Akinola, 19 Aguiyi-Ironsi, J.T.U.,18 Akorhore,79 Allocation principles, 26 Allowable deductions, 225 Assessable - income, 206-208 - List, 232 - profits, 227 - Tax and Chargeable Tax, 229-236 Atlantic Slave Trade, 83 Babangida Administration, 13,15,24, 104 Bickersteth, Seyi, 108 Binns Constitution, 18 Body of Appeal Commissioners (BAC), 103,181-182, 194-195, 199, 201, 218, 233, 244, 268, 280, 282,304 Boro, Isaac, 338-339 British Rule, 83 Business - premises registration, 127 - taxation, 131 Budget Speeches, 309-311 Bureau for Public Enterprises, 341‘ Canons of taxation, 35 Capital - Gains Tax, 102, 124, 127, 236258 , 301 - sum, 237 - Transfer Tax, 272-274 Capitation tax, 68, 86 Carter, Jimmy, 336 Carter, W.A.B., 121 Carucate (land tax), 67 Case Law, 303 Casino - Revenue Tax, 267, 270-271 - Tax, 267-272 Categories of exempted income (from tax), 204-205 Cattle tax (jangali), 91-92, 143 Census - exercises, 9 - figures, 1963, 10 Chargeable - profits, 229 - definition, 227 - tax, 229-236 Chartered Institute of Taxation of Nigeria (CITN), 320-321 Chick Commission, 1953, 17 Ciroma, Adamu, 107 Classes of persons exempted from tax,171 Clifford, Hugh,87 Collection of tolls, 78 Commissioners of Stamp Duties, 247-248 Commonwealth Income Tax, 192 Community Tax (haraji), 92, 202 Companies Income Tax, 102, 124, 182201 , 237, 267, 301, 354 A Comprehensive Tax History of Nigeria 360 Company – definition of, 182-183 Conditional - grant scheme, 5 - transfer, 5 Consensus resolution, 14 Consolidated - Relief Allowance (CRA), 217 - Revenue Fund Account, 3467 Consortium for Advanced Research Training (CARTA), 342 Constitution Drafting Committee, 22 Constitution, 1999, 26-28 Constitutional - arrangements, 33, 40 - power to tax, 62-64 Cooperatives - federalism, 3 - Societies Ordinance, 189 Corporate - Affairs Commission, 223 - income tax, 164 - taxation, 101 Council of States meetings, 325 Court fines and fees, 89 Cowry shells - as uniform currency, 73 Crown colony system of administration, 83-84 Custom duties, 34, 84 - excise and tariffs, 147 Danegeld(land tax, 67 Danjuma Commission, 1989,15 Dare, Walter B., 121 Death duties, 85-86 Debt relief gains, 5 Decentralization and the practice of Fiscal Relations in the Colonial Era, 16 Deductions - allowed from companies income, 190 -91 - not allowed from companies income, 191, 205-206 Deepening and Widening Government’s Revenue Base, 346-348 Demographic factor in resource allocation, 10 Department of Petroleum Resources (DPR), 346 Derivation,7 - and the compensation or protection of Mineralproducing Areas, 11-14 - principle, 11-12, 28 Development Levy, 127 Direct - tax ,91 - system, 87 - taxation , 85-88, 147 - of the American colonies, 68 - taxes, 34 Directorate of Petroleum Resources (DPR), 328 Disposal of assets, 237 Dispute Resolution Mechanisms, 325-326 Distributable Pool Account (DPA), 17-19 Division of powers, 4 Dokubo, Asari, 339 Double Taxation - Agreement,(DTAs), 100,106, 215, 217-218, 311- 312 - taxation,184 - relief, 259 Dual federalism, 3 Dutch diseases effect/syndrome, 344-345 Edozien, Emmanuel, 105 Education - Development Fund, 109 Index 361 - Fund, 275 - Tax , 124, 274-278 - Fund Account, 346 - Trust Fund, 109, 346 Egbe - alajada, 73 - alaro (guild of dyers), 73 - alaroobo, 73 - alaso (guild of cloth traders), 73 - onisona (guild of carvers), 73 Eisphora tax, 67 El-Rufai, Nasir, 341 Empire income tax, 178-179 Entertainment - Tax , 261-263 - Law, 261 Environmental degradation, 338, 345 Equality - of states, 7-9,27 - principle, 8 Equalizing fiscal transfers, 7 Excess - Crude Account, 5 - profits, 199 Exchange losses, 304 Executive Orders, 26 Exempted profits from companies income, 189-190 Exemptions to stamp duties, 246-247 Export Processing Zone (EPZ),110, 200 327-328 Family Economic Advancement Programme, 221 Federal - Board of Inland Revenue(FBIR) 101-103, 121-122, 181, 188, 197- 198, 211, 247, 258, 267, 303 -305, 310, 348 - Civil Service Commission, 219 - Executive Council (FEC), 108,110, 258, 261-263, 274, 301-302, 312-313, 316-318, 325, 354-355 - Housing Authority, 341 - Inland Revenue Service (FIRS), 25,107-112, 121,124, 247, 267, 274 - 275, 277, 281, 302,314, 317, 319, 328 -329, 348 -349, 356, 371 - Annual Corporate Plans, 356 - medium Term Plan 2008 - 2011, 356 - composition of, 123 - powers and duties of, 123- 124 -Tax proceeds, 346 - Revenue Authorities, 319 - System Vision 2020,. 356 - polities, 4 Federation Account...