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TAX 180: THE EXPO

REPORT

The goal of Tax 180: The Expo was an exposition into key issues in Nigerian tax through expository presentations by club members and panel sessions by seasoned experts.

We sought to strike a balance in perspective by viewing the aforementioned issues through the eyes of the stakeholders vis, Accountants; Lawyers and the Policy makers.

To ensure a more robust platform, an inter-chambers debate was held to provide for an all inclusive discourse on issues as dire as “Tax Holiday for Companies with Pioneer Status”; “Taxation of Illegal Transactions” and “Technology in Nigerian Tax System”.

We are proud to say, MISSION ACCOMPLISHED.

9:00AM

INTRODUCTON TO EVENT

9:30AM

THE INTER-CHAMBERS DEBATE: SEMI FINALS 1 (MAGNA CURIA CHAMBERS V. LIBERATION CHAMBERS)

10:00AM

THE INTER-CHAMBERS DEBATE: SEMI-FINALS 2 (VICTUS CHAMBERS V. JUSTICE CHAMBERS)

10:30AM

KEYNOTE ADDRESS

10:45PM

PROJECT PRESENTATION: PANEL 1

WALE AJAYI (MODERATOR)

KAYODE ONABOLA

BICCI ALLI

11:30PM

BREAK

11:45PM

PROJECT PRESENTATION: PANEL 2

YOMI OLUGBENRO (MODERATOR)

WALE AJAYI

PETER ONI

ADETOLA ADEBENSIN

12:30PM

THE INTER-CHAMBERS DEBATE: FINALS

JUDGES

DR. ODUNOLA ORIFOWOMO

YEMI ADIGUN

MICHAEL GBENGA-SILE

1:00PM

CLOSING ADDRESS

1:10PM

PRESENTATION OF AWARDS

1:30PM

END OF EVENT

LOGISTICS

Tax 180 commenced at 10AM sharp and ended by 3PM. The venue was NACETEM Hall, OAU campus. Buses were available at the school gate and the faculty of law park to convey students to the venue.

All registrants were provided with branded jotters and biros in order to help take notes.

The Tax Club provided lunch for all registrants.

THE FACULTY OF LAW INTER-CHAMBERS DEBATE

The Inter-Chambers Debate continued at Tax 180.

Liberation Chambers emerged topst in the Inter Chambers Debate to much aplomb and received a cash prize of N50,000. The First Runner Up, Victus Chambers also received a token of N30,000. Both awards were presented by the debate sponsors, Taxaide Technologies.

The Judges were tax experts. They consisted:

●Dr. Odunola Orifowomo, Lecturer of taxation, Faculty of Law

●Mr. Yemi Adigun, Senior Consultant, EY

●Mr. Michael Gebga-Sile, Head of Operations, Taxaide Technologies

PROJECT PRESENTATIONS

Two finalist groups presented projects at Tax 180. They presented for 15 minutes each and employed the use of projected slides. The presentations were competitive.

Group 2 – Presumptive Tax Regime: A Roadmap to Nigeria’s Tax Development

Group 4 – Taxation of Digital Companies: Facebook and Uber

Group 4’s presentation was appraised as “a true piece of ingenious research and embodying true innovation…” as they clinched the prize for best project presentation.

PANEL DISCUSSIONS

Based each the project presentations, there was a panel discussion. Each panel had a moderator who conducted the discussions. Participants were then allowed to ask relevant questions.

Panel 1:

Mr. Wale Ajayi (Moderator)

Mr. Bicci Alli

Mr. Kayode Onabola

Panel 2:

Mr. Yomi Olugbenro (Moderator)

Mr. Wale Ajayi

Mr. Peter Oni

Mr. Adetola Adebensin

SUPPORT

We are thankful to the following firms/organisations for their material support.

●KPMG Nigeria

●Deloitte Nigeria

●PwC Nigeria

●Andersen Tax

●Ernst and Young

●Taxaide Technologies

●Olaniwun Ajayi

●Osun Internal Revenue Service

ATTENDANCE

In attendance were the following persons and institutions:

CHAIRMAN: Professor Abiola Sanni. Lagos State Professor of Tax and Fiscal Matters.

HOST: Professor S.B. Odunsi, Dean, Faculty of Law, represented by Mrs. Folake Bejide

●Mr. Adewale Ajayi. Partner; Tax, Regulatory and People Services, KPMG Nigeria

●Mr. Yomi Olugbenro. West Africa Tax Leader; Deloitte

●Mr. Vincent Adeoba; PwC

●Mr. Bicci Alli. Chairman; Osun Internal Revenue Service

●Mr. Kayode Onabola, Senior Manager; Tax, EY Nigeria, Mr. Yemi Adigun, Senior Consultant, EY

●Mr. Michael Gbenga-Sile, Mr. Peter Oni, Taxaide Technologies

●Mr. Adetola Adegbensen, Olaniwun Ajayi LP

●The Tax Club, University of Ibadan

●In total, over 470 Participants.

The link to the event’s pictures can be found on the Club’s Google Drive.

Our CSR Initiative, The Tax Goes to School pictures can also be found by clicking here.

We hope we can make more happen with your continued support!