Taxation is a simple source of revenue to any government; it serves as a fiscal tool as well as a stabilization policy. Nigeria's tax system, the government possesses the inherent power to impose taxes and levies. Nigeria operates three tiers of government with assigned responsibilities each. Revenue in Nigeria is engulfed in controversy. Nigeria like other nations has rules and regulations governing the collection of taxes in the country. Individuals and entities doing business in Nigeria are subjected to tax; including foreign companies. Administration of tax is vested in various boards and...