The Factors involved in Setting Family Salaries in a Family Firm

International Financial Reporting Standards

In our third newsletter in this series , we highlighted some of the key provisions of the Federal Inland Revenue Service (FIRS)’s Circular on the Tax Implications of the Adoption of International Financial Reporting Standards (”the Circular”) and their implications for taxpayers. We also stressed the need for taxpayers to assess the tax effects of IFRS) adoption on their business operations so as to better manage potential tax exposures that may arise from the adoption of IFRS.

pdficon_largeClick here to download the Full Newsletter

David Okwara

,

No comments yet.

Leave a Reply

LEGAL PRIVACY POLICY
Twitter Linkedin Facebook YouTube RSS