FIRS Chairman Nami Leads Nigerian Delegate to Stakeholders Meeting with OECD on Maximising Benefits of a Two-Pillar Tax Solution
In order to maximize the benefits of the Two-Pillar Solution for Nigeria, a delegation from the Organization for Economic Co-operation and Development (OECD) met with representatives of Nigeria on April 4 and 5, 2023, at a workshop it jointly organized with the Federal Inland Revenue Service (FIRS).

This is contained in the workshop’s outcome statement released today. The outcome statement was signed by the Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, and the OECD Representative, Mr Ben Dickinson.


The Two-Pillar Solution, a proposal by the OECD Inclusive Framework, is a set of proposed rules, endorsed by 138 countries across the world as a uniform solution to the tax challenges of the digitalised economy, as well as Base Erosion and Profit Shifting.

Nigeria, one of the four members of the Inclusive Framework that did not endorse the rules, met with the OECD delegation last week to familiarise relevant government officials with the rules, Nigeria’s position, as well as the potential benefits of the Two-Pillar Solution to the country and the world in general.

The workshop was attended by key stakeholders, led by the Executive Chairman of the FIRS, Mr Muhammad Nami, who was represented by the Coordinating Director of the Executive Chairman’s Group, Mr Muhammad Lawal Abubakar. Also in attendance were representatives of the Office of the Vice President, the Federal Ministry of Finance, Budget and National Planning, the Federal Ministry of Justice, the Federal Ministry of Industry, Trade and Investment, Nigerian Investment Promotion Commission (NIPC), Nigeria Export Processing Zone Authority (NEPZA), Oil and Gas Free Zone Authority (OGFZA), Nigeria Export Promotion Council (NEPC), Joint Tax Board (JTB), and some States’ tax authorities.


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https://applesbite.com/firs-chairman-nami-leads-nigerian-delegate-to-stakeholders-meeting-with-oecd-on-maximising-benefits-of-a-two-pillar-tax-solution/

Thanks for my reading list you helped generate.

https://www.internationaltaxreview.com/article/2b62j2k0h83umnht5bw1s/two-pillar-solution-will-lead-to-more-tax-revenues-says-oecd

https://www.reuters.com/markets/oecd-offers-final-guidance-global-minimum-corporate-tax-2023-02-02/

https://kpmg.com/xx/en/home/insights/2020/10/beps-2-0-pillar-one-and-pillar-two.html