Secretary General of the Yoruba Council of Elders, YCE, Dr Kunle Olajide in his own assessment of President Buhari’s one year of his second term said,”When he assumed office in 2015, there were a lot of high expectations as corruption had almost eaten up the whole country. Months after his assumption of office, Nigerians were however discouraged especially in his appointments which were considered ethnic-oriented. When challenged, he said he appointed those he trusted. Nigerians appear more divided than 30 years ago. Though, he exposed corruption and recovered stolen funds, he focused more on opposition which he ensured he weakened so as to pave way for his second term in office. If you refuse to comply with federal character in our Constitution which supports even distribution of political offices, then it means corruption. He did well by accelerating Lagos-Ibadan expressway, and also railway line, which he did at a very great expense. These infrastructure are not … [Read more...] about Nigerians score Buhari’s first year into 2nd term, rate their governors
Hierarchy of needs how does it work
When housekeepers enter your home, the key, Cannon said, is to reduce the chance of fresh respiratory droplets getting into your nose and mouth. “That’s the foundation in thinking this through,” Cannon said. “If you are outdoors and you are talking, your respiratory droplets have a larger area to dilute. This is why social distancing is so important: not being in the immediate space where another person is or was 10 seconds ago, or even walking six feet behind someone in a house. I would not do that.”Make a plan before they arrive … [Read more...] about ‘When and how can my housekeeper return?’ Experts explain how to calculate the risk
Imports from related parties are generally subjected to valuation under the Customs Act, 1962 as well as Transfer Pricing (‘TP’) under the Income-tax Act, 1961. While both regulations aim to arrive at an appropriate price, the outlook is different. Where one prevents excessive price for imports recorded in the books, the other prevents under-pricing. There is even similarity in the methods that are used to arrive at the appropriate price. However, in absence of a legal binding, businesses struggle to make a case before the revenue authorities. The PreambleThe TP Regulations and the tax authorities, through the Arm’s Length Price (‘ALP’) approach, examine the transaction price to ensure that the profit as well as the tax payable on the profit earned from the imported goods, is not understated. On the other hand, Customs law and the customs authorities, through Fair Value (‘FV’) approach, ensures that the price is not understated to reduce the … [Read more...] about Valuation Under Transfer Pricing & Customs – Will They Ever Converge?