Quiz Topics
Following the inauguration of Tax Club in Kwara Central, Kwara North and Kwara South Senatorial Districts by the Kwara State Internal Revenue Service (KW-IRS) in collaboration with the Kwara State Ministry of Education and Human Capital Development, the Service remains committed to consolidating its advocacy plan by extending it to quiz competition on tax topical issues for Secondary Schools in the State.
Tax awareness through Tax Club is crucial to creating a culture of tax orientation and compliance for school children and it is the fundamental reason for the involvement of the Service. The programme which would lead to participation by various schools is also designed to engender academic excellence and stimulate peace, harmony and love among school children in the State.
Below are some of the focus areas for the quiz competition:
1. Impacts of Tax on Economic Development
2. Tax Systems in Nigeria: Issues and Challenges
3. History of Tax in Nigeria
4. Characteristics of Tax
5. Forms/Kinds/Types of Taxes
6. Tax Administration at the Federal, State, and Local Levels
7. Laws Governing Tax Administration in Kwara State and in Nigeria
8. Sources of Tax Revenue
9. Importance of Taxation
10. Tax Exemptions
11. Tax Refund/Rebate
12. Tax Assessment
13. Relevant Tax Regulations in Nigeria
14. Tax Policies
15. Tax Laws
16. Tax Administration
17. Multiplicity of Taxes
18. Value Added Tax (VAT)
19. Pay As You Earn (PAYE)
20. Withholding Tax (WHT)
21. Capital Gains Tax
22. Tax Evasion/Tax Avoidance and the Penalties
23. Tax Technology
24. Tax Clearance Certificate (TCC)
25. Compulsory Tax Identification Number (TIN)
26. Stamp Duty
27. Tax Dispute, Resolution and Processes
28. Tax Professional Bodies
29. The Nigerian Constitution and Tax Administration
30. Federal Inland Revenue Service (Establishment) Act, 2007
31. Various Means of Payment
32. Finance Acts
33. Self-Assessment regime
34. Presumptive Tax regime
35. Companies Income Tax
36. Petroleum Profit Tax
37. Transfer Pricing and Tax implication
38. Pioneer Status incentive
39. Merger and Acquisition and tax implication
40. Free Trade/Export Processing Zones
41. Basis period for assessment
42. KW-IRS Self-Service Portal
43. Federal Inland Revenue Service
44. Federal budget
45. International Taxation
46. Petroleum Industry Act
47. General tax-related questions