Legal Briefings

Legal Briefings >> September 2017
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The Implications of Nigeria becoming a Signatory to both the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting; and the Common Reporting Standard Multilateral Competent Authority Agreement

The Federal Government of Nigeria has taken further steps in pursuance of its objective to curb tax evasion, widen the tax net and improve the tax to Gross Domestic Product (GDP) ratio when on Thursday 17 August 2017, it signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“MLI”) and the Common Reporting Standard Multilateral Competent Authority Agreement (“CRS MCAA”)

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