Legal Updates and Compliance Management ICMA

Legal Updates and Compliance Management
Being a Paper Presented at The Capacity Development Programme for Executives of Oyo State Internal Revenue Service themed: The Tax and Technology Challenge organised by ICMA Professional Services at Radisson Blu Hotel, Ikeja Lagos on Friday, 24th May 2024.

1. Legal Updates and Compliance Management Being a Paper Presented at The Capacity Development Programme for Executives of Oyo State Internal Revenue Service themed: The Tax and Technology Challenge organised by ICMA Professional Services at Radisson Blu Hotel, Ikeja Lagos on Friday, 24th May 2024. Prof. Godwin Emmanuel Oyedokun Professor of Accounting and Financial Development Department of Management & Accounting Faculty of Management and Social Sciences Lead City University, Ibadan, Nigeria Principal Partner; Oyedokun Godwin Emmanuel & Co (Accountants, Tax Practitioners & Forensic Auditors)

2. ND (Fin), HND (Acct.), BSc. (Acct. Ed), BSc (Fin.), LLB., LLM, MBA (Acct. & Fin.), MSc. (Acct.), MSc. (Bus & Econs ), MSc. (Fin), MSc. ( Econs ), Ph.D. (Acct), Ph.D. (Fin), Ph.D. (FA), CICA, CFA, CFE, CIPFA, CPFA, CertIFR , ACS, ACIS, ACIArb , ACAMS, ABR, IPA, IFA, MNIM, FCA, FCTI, FCIB, FCNA, FCFIP, FCE, FERP, FFAR, FPD-CR, FSEAN, FNIOAIM, FCCrFA , FCCFI, FICA, FCECFI, JP Prof. Godwin Emmanuel Oyedokun Professor of Accounting and Financial Development Department of Management & Accounting Faculty of Management and Social Sciences Lead City University, Ibadan, Nigeria Principal Partner; Oyedokun Godwin Emmanuel & Co (Accountants, Tax Practitioners & Forensic Auditors)

3. Legal Updates and Compliance Management

4. Contents

5. Introduction

6. Tax and C ompliance

7. C ompliance M anagement

8. Key Aspects of Compliance Management (1/2)

9. Key Aspects of Compliance Management (2/2)

10. Tax Laws and Regulations

11. Tax Laws in Nigeria (1/2)

12. Tax Laws in Nigeria(2/2)

13. Tax Laws in Oyo State

14. Some Tax Laws and Regulations in Oyo State (1/2)

15. Some Tax Laws and Regulations in Oyo State (2/2)

16. Other Tax Laws and Regulations in Oyo State

17. Tax Legislations

18. Amendments in Tax Legislation (1/4)

19. Amendments in Tax Legislation (2/4)

20. Amendments in Tax Legislation (3/4)

21. Amendments in Tax Legislation (3/4)

22. Amendments in Tax Legislation (4/4)

23. Amendments in Tax Legislation in Oyo State

24. Legal Framework for Tax Administration

25. Understanding the Legal Framework for Tax Administration

26. key C omponents of the L egal F ramework for Tax A dministration (1/2)

27. key components of the Legal F ramework for Tax A dministration (2/2)

28. Sources of Tax Laws

29. Tax Administration Agencies

30. Taxpayer Rights and Responsibilities

31. Voluntary C ompliance M anagement

32. Enforcement and Voluntary Compliance Management

33. Key Elements of Voluntary C ompliance M anagement

34. Examples of Voluntary C ompliance M anagement

35. Benefits of Voluntary C ompliance M anagement

36. Challenges of Enforcement

37. Issues around Enforcement Voluntary Compliance Management(1/2)

38. key issues surrounding Voluntar Issues around Enforcement Voluntary Compliance Management(2/2)

39. key issues surrounding Voluntar Striking the Balance

40. key issues surrounding Voluntar Tax Administration and Technology

41. key issues surrounding Voluntar Key Trends in Tax and Technology

42. Tax and Technology Challenges – Tax Authorities

43. key issues surrounding Voluntar Tax and Technology Challenges - Taxpayers

44. key issues surrounding Voluntar Tax Administration and Technology – Way Forward

45. key issues surrounding Voluntar Conclusion

46. Recommendations

47. Prof. Godwin Emmanuel Oyedokun Professor of Accounting & Financial Development Lead City University, Ibadan, Nigeria Principal Partner; Oyedokun Godwin Emmanuel & Co (Accountants, Tax Practitioners & Forensic Auditors) [email protected]; [email protected] [phone] & 2348055863944