Tax liability attaches to the assets and incomes belonging to or accruing to persons which may, within the context, include natural and corporate persons under the laws in force in Nigeria . What this means is that for every person or group of persons who have assets or earn one form of income or the other, tax liability may attach to them. The streams of income which would be relevant here are quite broad and include incomes from salaries, wages, loans, gifts, inheritance, dividends, net profit/gain, bonuses, allowances, gratuities, reimbursements, investment returns, insurance, and the likes. The exact scope of a person’s income which is subject to taxation would be determined by the particular tax laws to which the person is subject.