Wole Obayomi

Head of Tax

KPMG in Nigeria

Wole Obayomi is a Partner & Head of Tax, Regulatory & People Service (TRPS) Practice of KPMG. He has been with the firm for 27 years and has significant experience in Taxation, Litigation, and Corporate/Commercial Legal and Regulatory Compliance and Advisory Services. He is a thought leader on investment regulation and promotion in Nigeria and had occasionally been invited by the Nigerian Investment Promotion Commission (NIPC) to serve as a resource person to the Honorary International Investor Advisory Council, Office of the President, Federal Republic of Nigeria. Wole has advised on several tax, legal, business regulatory issues in various commercial transactions and has been instrumental to notable tax, legal, regulatory and institutional reforms in Nigeria. His advocacy for improving the operating environment for manufacturing companies led to the trail blazing granting of income tax holiday to existing manufacturing companies expanding or investing in new factories or production lines or products in Nigeria.

Bridging the expectation gap in Nigeria’s voluntary assets and income declaration scheme

With the introduction of the Voluntary Assets and Income Declaration Scheme (“VAIDS”), taxpayers in Nigeria have until March 31, 2018 to declare their assets and income in a move by the Nigerian government to combat tax evasion. To ensure the success of VAIDS, the government must be alive to its responsibility to sustain public trust in its implementation.

Wole Obayomi

22 Nov 2017

11 min

Nigeria’s Voluntary Assets and Income Declaration Scheme and Responsible Tax

As the movement to Responsible Tax gains momentum around the world, countries are introducing core principles into local policy. Read Wole Obayomi’s perspective on how the thinking – and implementation - is evolving in Nigeria.

Wole Obayomi

26 Jan 2018

8 min

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