The leadership of the National Revenue Service (NRS) and top officials of KPMG Nigeria, a global professional services firm, on Monday held a high-level meeting to address concerns and disagreements arising from the implementation of Nigeria’s new tax laws.
The meeting, which took place in Abuja, came amid an intense debate within Nigeria’s business and professional community over the implications of the new tax framework, which is among the most ambitious fiscal reforms in recent years.
In a report titled: “Nigeria’s New Tax Laws: Inherent Errors, Inconsistencies, Gaps and Omissions”, KPMG Nigeria had expressed concerns over some aspects of the laws, including the taxation of shares, dividend treatment, non-resident obligations, and foreign exchange deductions, and warned that these could affect businesses and taxpayers.
Besides, KPMG called for a review of the tax laws, noting that the errors, inconsistencies, gaps, omissions, and lacunae urgently required reconsideration to ensure the stated objectives were met.
But the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, defended the Nigeria Tax Act (NTA) and clarified the policy intent, stating that KPMG Nigeria did not understand the reform.
However THISDAY learnt that the Executive Chairman of the NRS, Dr ZacchAdedeji, used the meeting to clarify some grey areas in the new Act, while theKPMG team noted that their earlier opinion on the new tax laws had been misconstrued and expressed regret over the misunderstanding.
The KPMG team was said to have sought further clarity on the provisions of the laws and highlighted areas where recommendations could be made. The team also commended the Executive Chairman for the effective and timely implementation of the reforms and noted that their initial apprehensions had been significantly allayed.
“The Executive Chairman of the Nigeria Revenue Service (NRS) Dr. ZacchAdedeji, today received a delegation of top management from KPMG on a courtesy visit. The KPMG executives commended the Executive Chairman for his leadership and the timely implementation of the new tax laws, noting that their initial apprehensions have been significantly allayed.
“They affirmed that the reforms are both necessary and timely, and pledged continued professional engagement in support of effective tax administration and national economic growth,” the NRS said in an update on X.
Both parties acknowledged that differences in interpretation had contributed to confusion among taxpayers and agreed that sustained dialogue was necessary to address emerging issues, THISDAY gathered.
<img src="https://www.mtlblog.com/media-library/the-storefront-of-wilensky-s-a-historic-deli-in-montreal-with-vintage-signage-and-a-coca-cola-logo-right-the-dining-room-of.jpg?id=55738856&width=1200&height=800&coordinates=96%2C0%2C96%2C0"/><br/><br/><p>One thing tourists often remark on when <a href="https://www.mtlblog.com/montreal-tourist-local-things-to-do-avoid">visiting Montreal</a> is how "old" the city feels.</p><p>Whether that's a compliment or not isn't always clear— are they admiring the charm of the Old Port or commenting on the pothole-ridden streets across the island? Either way, <a href="https://www.mtlblog.com/photos-montreal-show-how-the-city-used-to-look">Montreal's rich history</a> is undeniable, and it's not just in the architecture. It's also in the city's <a href="https://www.mtlblog.com/eat-drink/">restaurants</a>, many of which have been serving up local favourites for generations.</p><p>With that in mind, here are five of the <a href="https://www.mtlblog.com/oldest-montreal-restaurants">oldest eateries in Montreal</a> that are still going strong today.</p><h3>L'Auberge Saint-Gabriel (Established in 1754)</h3><br/><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/C306k9bBHCG/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
<div style="padding:8px;">
<div style="background:#F8F8F8; line-height:0; margin-top:40px; padding:50% 0; text-align:center; width:100%;">
<div style="background:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAACwAAAAsCAMAAAApWqozAAAAGFBMVEUiIiI9PT0eHh4gIB4hIBkcHBwcHBwcHBydr+JQAAAACHRSTlMABA4YHyQsM5jtaMwAAADfSURBVDjL7ZVBEgMhCAQBAf//42xcNbpAqakcM0ftUmFAAIBE81IqBJdS3lS6zs3bIpB9WED3YYXFPmHRfT8sgyrCP1x8uEUxLMzNWElFOYCV6mHWWwMzdPEKHlhLw7NWJqkHc4uIZphavDzA2JPzUDsBZziNae2S6owH8xPmX8G7zzgKEOPUoYHvGz1TBCxMkd3kwNVbU0gKHkx+iZILf77IofhrY1nYFnB/lQPb79drWOyJVa/DAvg9B/rLB4cC+Nqgdz/TvBbBnr6GBReqn/nRmDgaQEej7WhonozjF+Y2I/fZou/qAAAAAElFTkSuQmCC); display:block; height:44px; margin:0 auto -44px; position:relative; top:-22px; width:44px;">
</div>
</div>
<p style=" margin:8px 0 0 0; padding:0 4px;">
<a href="https://www.instagram.com/p/C306k9bBHCG/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
</p>
</div>
</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><p>Price: 💸💸💸</p><p>Cuisine: French-Canadian</p><p>Address: 426 Rue St. Gabriel, Montreal, QC</p><p>Why You Need To Go: L'Auberge Saint-Gabriel isn't just the oldest restaurant in Montreal — it's the oldest in Canada.</p><p>Originally built as a two-storey house in 1688, it became North America's first inn in 1754, eventually earning the continent's first liquor license. <br/></p><p>Since then, this spot has been serving up a variety of French-Canadian delicacies in a rustic setting for the past 270 years and counting.</p><p><a href="https://aubergesaint-gabriel.com/" target="_blank">L'Auberge Saint-Gabriel website</a></p><h3>Montreal Pool Room (Established in 1912)</h3><br><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/CeUrOtIuYdc/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
<div style="padding:8px;">
<div style="background:#F8F8F8; line-height:0; margin-top:40px; padding:50% 0; text-align:center; width:100%;">
<div style="background:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAACwAAAAsCAMAAAApWqozAAAAGFBMVEUiIiI9PT0eHh4gIB4hIBkcHBwcHBwcHBydr+JQAAAACHRSTlMABA4YHyQsM5jtaMwAAADfSURBVDjL7ZVBEgMhCAQBAf//42xcNbpAqakcM0ftUmFAAIBE81IqBJdS3lS6zs3bIpB9WED3YYXFPmHRfT8sgyrCP1x8uEUxLMzNWElFOYCV6mHWWwMzdPEKHlhLw7NWJqkHc4uIZphavDzA2JPzUDsBZziNae2S6owH8xPmX8G7zzgKEOPUoYHvGz1TBCxMkd3kwNVbU0gKHkx+iZILf77IofhrY1nYFnB/lQPb79drWOyJVa/DAvg9B/rLB4cC+Nqgdz/TvBbBnr6GBReqn/nRmDgaQEej7WhonozjF+Y2I/fZou/qAAAAAElFTkSuQmCC); display:block; height:44px; margin:0 auto -44px; position:relative; top:-22px; width:44px;">
</div>
</div>
<p style=" margin:8px 0 0 0; padding:0 4px;">
<a href="https://www.instagram.com/p/CeUrOtIuYdc/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
</p>
</div>
</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><p>Price: 💸💸</p><p>Cuisine: Fast food</p><p>Address: 1217 boulevard Saint-Laurent, Montreal, QC</p><p>Why You Need To Go: Montreal Pool Room is one of downtown's quintessential late-night greasy spoons, famous for its classic steamies (Montreal-style hot dogs) and no-frills charm.</p><p>Over the years, this iconic spot, located in the city's former red light district, has welcomed all kinds of characters, including infamous Chicago gangster Al Capone. </p><p>It's a piece of history served with a side of fries.</p><p><span></span><a href="https://www.montrealpoolroom1912.com/" target="_blank">Montreal Pool Room website</a></p><h3>Fairmount Bagel (Established in 1919)</h3><br/><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/CXZaKLaJaZs/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
<div style="padding:8px;">
<div style="background:#F8F8F8; line-height:0; margin-top:40px; padding:50% 0; text-align:center; width:100%;">
<div style="background:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAACwAAAAsCAMAAAApWqozAAAAGFBMVEUiIiI9PT0eHh4gIB4hIBkcHBwcHBwcHBydr+JQAAAACHRSTlMABA4YHyQsM5jtaMwAAADfSURBVDjL7ZVBEgMhCAQBAf//42xcNbpAqakcM0ftUmFAAIBE81IqBJdS3lS6zs3bIpB9WED3YYXFPmHRfT8sgyrCP1x8uEUxLMzNWElFOYCV6mHWWwMzdPEKHlhLw7NWJqkHc4uIZphavDzA2JPzUDsBZziNae2S6owH8xPmX8G7zzgKEOPUoYHvGz1TBCxMkd3kwNVbU0gKHkx+iZILf77IofhrY1nYFnB/lQPb79drWOyJVa/DAvg9B/rLB4cC+Nqgdz/TvBbBnr6GBReqn/nRmDgaQEej7WhonozjF+Y2I/fZou/qAAAAAElFTkSuQmCC); display:block; height:44px; margin:0 auto -44px; position:relative; top:-22px; width:44px;">
</div>
</div>
<p style=" margin:8px 0 0 0; padding:0 4px;">
<a href="https://www.instagram.com/p/CXZaKLaJaZs/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
</p>
</div>
</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><p>Price: 💸</p><p>Cuisine: Bakery</p><p>Address: 74 Av. Fairmount O, Montreal, QC</p><p>Why You Need To Go: Fairmount Bagel, Montreal's first bagel bakery, was founded in 1919 by Isadore Shlafman, who introduced hand-rolled, wood-fired bagels to the city. </p><p>Located initially off Saint-Laurent Boulevard, the bakery moved to Fairmount Street in 1949, where Shlafman built his signature oven.</p><p>Still family-run, Fairmount Bagel continues to use the same traditional methods and recipes over a century later.</p><p><a href="https://fairmountbagel.com/" target="_blank">Fairmount Bagel website</a></p><h3>Schwartz's Deli (Established in 1928)</h3><br/><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/C2H2NbQOSsu/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
<div style="padding:8px;">
<div style="background:#F8F8F8; line-height:0; margin-top:40px; padding:50% 0; text-align:center; width:100%;">
<div style="background:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAACwAAAAsCAMAAAApWqozAAAAGFBMVEUiIiI9PT0eHh4gIB4hIBkcHBwcHBwcHBydr+JQAAAACHRSTlMABA4YHyQsM5jtaMwAAADfSURBVDjL7ZVBEgMhCAQBAf//42xcNbpAqakcM0ftUmFAAIBE81IqBJdS3lS6zs3bIpB9WED3YYXFPmHRfT8sgyrCP1x8uEUxLMzNWElFOYCV6mHWWwMzdPEKHlhLw7NWJqkHc4uIZphavDzA2JPzUDsBZziNae2S6owH8xPmX8G7zzgKEOPUoYHvGz1TBCxMkd3kwNVbU0gKHkx+iZILf77IofhrY1nYFnB/lQPb79drWOyJVa/DAvg9B/rLB4cC+Nqgdz/TvBbBnr6GBReqn/nRmDgaQEej7WhonozjF+Y2I/fZou/qAAAAAElFTkSuQmCC); display:block; height:44px; margin:0 auto -44px; position:relative; top:-22px; width:44px;">
</div>
</div>
<p style=" margin:8px 0 0 0; padding:0 4px;">
<a href="https://www.instagram.com/p/C2H2NbQOSsu/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
</p>
</div>
</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><p>Price: 💸💸</p><p>Cuisine: Deli</p><p>Address: 3895 Boulevard St. Laurent, Montreal, QC</p><p>Why You Need To Go: Is there any Montreal restaurant more iconic than Schwartz's Deli?</p><p>Established in 1928, this legendary smoked meat institution has been serving up its world-famous sandwiches for nearly a century.<br/></p><p>From locals who've been loyal for generations to tourists who line up for hours just to get a taste, Schwartz's remains the ultimate Montreal foodie pilgrimage.</p><p><a href="https://schwartzsdeli.com/?srsltid=AfmBOopoAJCAeG3XPK6ETt3Vt9DcIUX3eCACtnPwaY08ay0n8rSszcxF" target="_blank">Schwartz's website</a></p><h3>Wilensky's Light Lunch (Established in 1932)</h3><br><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/CwIz5z4Op-g/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
<div style="padding:8px;">
<div style="background:#F8F8F8; line-height:0; margin-top:40px; padding:50% 0; text-align:center; width:100%;">
<div style="background:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAACwAAAAsCAMAAAApWqozAAAAGFBMVEUiIiI9PT0eHh4gIB4hIBkcHBwcHBwcHBydr+JQAAAACHRSTlMABA4YHyQsM5jtaMwAAADfSURBVDjL7ZVBEgMhCAQBAf//42xcNbpAqakcM0ftUmFAAIBE81IqBJdS3lS6zs3bIpB9WED3YYXFPmHRfT8sgyrCP1x8uEUxLMzNWElFOYCV6mHWWwMzdPEKHlhLw7NWJqkHc4uIZphavDzA2JPzUDsBZziNae2S6owH8xPmX8G7zzgKEOPUoYHvGz1TBCxMkd3kwNVbU0gKHkx+iZILf77IofhrY1nYFnB/lQPb79drWOyJVa/DAvg9B/rLB4cC+Nqgdz/TvBbBnr6GBReqn/nRmDgaQEej7WhonozjF+Y2I/fZou/qAAAAAElFTkSuQmCC); display:block; height:44px; margin:0 auto -44px; position:relative; top:-22px; width:44px;">
</div>
</div>
<p style=" margin:8px 0 0 0; padding:0 4px;">
<a href="https://www.instagram.com/p/CwIz5z4Op-g/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
</p>
</div>
</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><p>Price: 💸</p><p>Cuisine: Sandwiches</p><p>Address: 34 Av. Fairmount O, Montreal, QC</p><p>Why You Need To Go: Since 1932, Wilensky's Light Lunch has been dishing out its legendary Wilensky Special: a grilled salami sandwich with mustard on a soft roll.</p><p>This charming, no-frills spot in Mile End is packed with nostalgia, from its vintage decor to its strict "no cutting the sandwich in half" rule.</p><p><a href="https://www.narcity.com/=/" rel="noopener noreferrer" target="_blank">Wilensky's website</a></p></br></br><p class="">Enjoy, Montreal!</p>
