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  Understanding the Four Pillars of Taxation At Baha's Books , we believe that understanding taxation is the first step to building financially sound businesses. Whether you are a startup, an SME, or an established corporation, knowing how tax systems work can help you stay compliant and make informed financial decisions. In this post, we’ll break down the four major pillars of taxation every business owner should know: Tax Policy, Tax Legislation, Tax Administration, and Tax Jurisprudence. 📘 Tax Policy Definition: Tax policy refers to the guidelines and principles established by government for the implementation and collection of tax. Why it matters: Tax policy sets the tone for the entire tax system. It reflects government priorities—whether to encourage investment, promote equity, or raise revenue. A sound tax policy ensures fairness, clarity, and predictability in the tax environment. 📗 Tax Legislation Definition: Tax legislation is the body of tax laws, rules, a...
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Dividend Taxation in Nigeria: What Every Business Should Know

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