High Prince Dr. Leye Talpha Babalola is a Chartered Tax Practitioners with Practicing License number 010 (www.citn.org) of Chartered Institute of Taxation of Nigeria (member of International Tax Directors Forum). He believes in competence, integrity and professionalism as a hallmark of a good Chartered Tax Practitioners, Accountant, Management and Debt Recovery Consultants. He is 62 years of age, High Prince of Oke – Ogun and Oyo Empire in Oyo State of Federal Republic of Nigeria. He is a Fellow of Chartered Institute of Taxation of Nigeria (1999), with Doctorate Degree Certificate in Financial Management from University of Entrepreneurship & Technology USA (2018), Doctorate Degree in Taxation from Triune University Washington U.S.A (2009), Fellow of Institute of Company and Commercial Accountants of Nigeria. (2002), Master of Business Administration from Triune University U.S.A (2007), Fellow Institute of Payroll Administration (2009), Fellow Chartered Association of International Accountants (2009), Member of Institute of Management Consultant of Nigeria (1998), Associates of Certified Public Accountant (2001), Associates of Institute of Cost Management of Nigeria (2003) Diplomate Level in Computer and Professional Manager of Triune Professional Association U.S.A, (2012), Certificate of Professional Practice by ICCA (2002) and The Most Accountable Tax Consultant for the year 2003/2004 of ICCA, President/Chairman of Council of Institute of Company and Commercial Accountants 2009-up to date, which has trained and licensed numerous Certified Company and Commercial Accountants in the area of Forensic Accounting, Auditing, Taxation and Finance sector of the economy. Fellow of Certified Financial Accountants of The Society of Accounting Education – Lahone Pakistan
We are Consultant to Lagos State Internal Revenue Service on Internally Generated Revenue (IGR) and Tax Audit Monitoring Exercise as stipulated by section 46(4) and 48(4) of Personal Income Tax Act 104 of 1993, as amended by Cap 08 of Law of Federation 2004 and 2011 respectively since 2004 up-to-date.
Consultants to Federal Government of Nigeria through Federal Internal Revenue Service on Value Added Tax Monitoring Agent in Oil Services Industries (Upstream and Downstream) in 1997/1998 whereby 2 Trillion was generated to Federal Republic of Nigeria as stipulated by Value Added Tax Act 102 of 1993, as amended by Cap 06 of Law of Federation 2004 and Federal Internal Revenue Service Establishment Act 2007.
Processing of Pioneer Statutes for Five Years Tax Relief as stipulated by Industrial Inspectorate Act 53 of 1970 as amended, Company’s Income Tax Act 1979, as amended by CAP 21 of LFN 2004 for Panapina Plc and Marca International Ltd (1993 & 2000), MRS Oil & Gas Plc, Bestaf Holdings Limited, Bestaf Marine Services Ltd etc.
Audited Accounts for the year ended whereby Filling of Annual Returns for our numerous clients to Federal Internal Revenue Service for the payment of Income Tax, Education Tax, Minimum Tax and Withholding Tax as stipulated by the provisions of Company Income Tax Act 1979, as amended by Cap 21 Law of Federation 2004 and 2007 respectively, Education Tax Act 07 of 1993 together with Withholding Tax Cap 60 Law of Federation 1990.
Registration and Processing of our clients Value added Tax Certificate through the Federal Internal Revenue Service as mandated by the provision of Value Added Tax Act 102 of 1993, as amended by Cap 06 of LFN 2004 and 2007 respectively; also to enforce the incorporation of section 8B (1) and (2) of non – residence companies in downstream and upstream of the Oil sectors. Rendition of our clients monthly VAT OUTPUT and VAT INPUT Returns to FIRS, so as to reflect true Turnover in Audited Accounts which will be equivalent of 5% VAT OUTPUT payable.
Filling of Annual Returns for our numerous clients to Corporation Affairs Commission – Abuja which is mandatory as stipulated by the provisions of Companies and Allied Matters Act 1990, as amended by Cap 20 Law of Federation 2004 and 2011 respectively Debt Recovery Consultants to Nigeria Export – Import Bank – Abuja (NEXIM) where we recover ADB/ESL Loan from Liquidated Banks almost $25 Billon was recovered, and to some other Commercial Banks i.e Citizen International Bank Ltd, IMB International Bank, Eagle Bank Limited and Diamond Bank Limited (as Liquidator). On these assignments, he has gone a long way to build, to restructure and to improve the activities of these Banks especially in the area Loan Recovery Management. However, in his brilliant performance in the recovery of Loans he has received a good recommendation from the management of NEXIM Bank as Best Recovery and Consultant for the year 2004 in the Federal Republic of Nigeria.
Call us at +2348033066041 or write us at highprinceleye@yahoo.com