November 2016

Evaluating the impact of value added tax on the economic growth of Nigeria

The Nigerian tax reform in the early 1990s was a fallout of market reform in the mid- 1980s, while the structural adjustment program (SAP) piloted a transition to market driven economy where emphasis is laid on market forces with minimal government intervention, hence, the introduction of Value Added Tax (VAT) in 1994. This study empirically examined the impact of VAT on the level of economic activities in Nigeria from...

Author(s): Nasiru Mukhtar Gatawa, Haruna Mohammed Aliero and Abdullahi Muhammad Aishatu

November 2016

Bulk asset purchase transactions involving New York sales tax vendors: Be careful there and everywhere

This paper explores the potentially harsh impact of the bulk sales provisions of New York State’s Tax Law on the purchaser of assets (either personal, intangible or real) from a sales tax vendor other than in the ordinary course of business. The author also points out that New York is not alone in its treatment of these types of transactions. Key words: Bulk sales, sales tax, sales tax vendor, personal...

Author(s): James B. Biagi