Tax Management

Attitudes to tax are changing. Organizations of all sizes are ever more exposed to new trends in tax regulation, not just locally but globally.

As a leading tax network, we believe that we – as individual tax professionals have a duty to engage in the discussion and debate surrounding Tax Transparency and Responsibility. As the tax strategies of multinationals and domestic companies continue to be examined by both tax authorities and the public alike, we work with our clients to develop tax strategies that are fit for purpose in the tax system of tomorrow.

Working with clients to define the tax department of tomorrow. To keep pace with the reporting changes, multinational corporations will need to evaluate their in-house resources to determine if they will be able to manage additional requirements and responsibilities. They will also need to assess their systems to ensure that they can meet new requirements for multijurisdictional reporting.

Our tax professionals are also bound by our Principles for a Responsible Tax Practice, which set out additional fundamental ethical principles and behaviours.

The key services provided include:

Tax Compliance & Advisory Services

Our tax compliance and advisory services cover all taxes, duties and levies, namely:

  • Personal Income Tax
    • Value Added Tax
    • Withholding Tax
    • Petroleum Profits Tax
    • Companies Income Tax
    • Capital Gains Tax
    • Tertiary Education Tax
    • Stamp Duty
    • Nigerian Information Technology Development Agency (NITDA) levy

Our tax advisory services include advising on tax implications of business arrangements and tax planning by which proposed and existing transactions can be structured for tax efficiency within the law.

Our tax compliance services cover:
• preparation and filing of month and annual tax returns, as the case may be
• processing and obtainment of tax clearance certificates
• processing and obtaining of withholding tax credits
• tax query resolution
• tax audit readiness assessment and virtual data room services
• tax health check
• tax audit and investigation support
• tax controversy and dispute resolution through engagement with the tax authorities and appearance at the Tax Appeal Tribunal

Tax Transformation

At MQuad we understand that a tax function helps to manage risks and increase efficiency and create value through its critical elements. Our Tax Transformation team focuses on setting a tone at the top that drives standardized approach to tax risk management by undertaking the following services:

  • Tax System Transformation
    • Tax Risk Management
    • Tax Administrative Framework Design
    • Tax Policy Design and Implementation
    • Tax Compliance Capacity Building/Training
    • Tax Intelligence Solutions
    • Tax Data and Analytics

Tax Deal Advisory Services

In Tax Deal Advisory Services, we assess and provide advice on tax risks associated with an entity life cycle (from inception, acquisition and/or disposal). We have extensive experience and industry-wide credentials to handle tax due diligence and structuring, with special focus on merger and acquisition transactions. Our industry experience covers energy and natural resources, financial services, consumer and industrial markets, health services, real estate and telecoms sectors

Our key service offerings:

  • Tax due diligence services
    • Tax structuring of merger and acquisition transactions
    • Corporate restructuring – entity, capital, balance sheet etc.
    • Private equity/venture capital advisory services



Transfer Pricing

MQuad Transfer Pricing team has experience in sophisticated areas of international taxation. With the continuing globalization of our economy, and the resulting increase in cross-border and related party transactions, our TP team recognizes the importance of proactively managing transfer pricing to limit related tax risks.

MQuad Transfer Pricing service offerings include:

  • functional analysis
    • selection of transfer pricing method
    • benchmarking study
    • preparation of documentation
    • value chain management

We assist businesses, individuals and organisations with tax strategy, planning, and compliance, whilst also delivering a wide range of business advisory services. This means that we can support you both locally and globally, wherever you require tax advice.

Today’s business environment is very dynamic and uncertain. To deal with the changes and uncertainties, business managers need to make accurate and timely decisions to keep up with stakeholders’ expectations. These decisions always have significant regulatory and high tax cost implications.

We can take the burden of these regulatory and tax requirements away from you. We do this by working with you from planning to execution and providing insights on the tax implications of these decisions. We use the depth of our knowledge and wealth of our experience to identify possible alternatives where necessary to ensure utmost tax efficiency in your business.