ARTICLE · 11 NOVEMBER 2016

FIRS Clarifies Tax Amnesty

PwC Nigeria

Explore more from PwC Nigeria

Following the recent declaration of tax amnesty by the Federal Inland Revenue Service, a number of questions arose concerning the amnesty including eligibility, scope and the process involved.

NigeriaTax

Author LinkedIn connections

Following the recent declaration of tax amnesty by the Federal Inland Revenue Service, a number of questions arose concerning the amnesty including eligibility, scope and the process involved.

We therefore sought and have now obtained clarifications on the grey areas. These include the fact that the tax waiver programme is only applicable to taxpayers who have been audited and issued assessments that include penalties and/or interest for the specified period.

Those not yet audited or still undergoing audit are not eligible, and no refunds or credits will be granted for penalties and interest already paid for the specified period.

Read our tax alert for more: Download Tax Alert_FIRS clarifies tax amnesty_Nov 2016

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Certificate Of Acceptance Of Fixed Assets (CAFA): Why Nigeria’s Tax Reforms Strengthen The Case For Digitisation

KPMG in Nigeria

Deep Offshore Oil And Gas Projects Incentives (Tax Remission) Order, 2026: Nigeria Expands Fiscal Support For Deep Offshore Developments

Tope Adebayo LP

Nigeria's New Tax Regime: Do Dormant And Shelf Companies Have To File VAT And Annual Tax Returns?

Syntegral Legal Practice

Taxation Of Non-resident Individuals In Nigeria

GGI | Global Alliance

Nigeria Tax Reforms For Non-Residents: Expatriate & Foreign Company Guide

Adeola Oyinlade & Co

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Tax
- Tax Authorities

Related Comparative Guides

Comparative Guide

Tax

Comparative Guide

Tax Disputes

See more popular content from

Tax

How To Obtain A Tax Identification Number (Tin) For A Business In Nigeria

A Tax Identification Number (TIN) is a unique identifier assigned to businesses, individuals, and other entities for the purpose of tax administration. In Nigeria, obtaining a TIN is crucial for businesses to comply with their tax obligations.

Firmus Advisory

VAT Under Nigeria Tax Reforms Laws: Common Questions Answered

Months after its enactment in 2025, the Nigeria tax reform laws continue to generate significant public interest with many taxpayers still uncertain about how the changes affect them in practical terms.

Firs Imposes 10% Withholding Tax On Interest From Short-Term Instruments

The Federal Inland Revenue Service (FIRS) has introduced a 10% Withholding Tax (WHT) on interest earned from short - term investments such as treasury bills...

Stren and Blan Partners

Nigeria Tax Reforms For Non-Residents: Expatriate & Foreign Company Guide

Nigeria's 2025 Tax Reform Acts introduce sweeping changes for non-residents, foreign investors, and expatriates operating in or deriving income from Nigeria. From expanded Permanent Establishment rules and Significant Economic Presence thresholds to mandatory VAT registration for offshore suppliers and Capital Gains Tax on indirect share transfers, the new framework fundamentally reshapes cross-border tax obligations. Understanding these provisions and taking proactive compliance steps is now essential for

Adeola Oyinlade & Co

The Nigeria Tax Reform Act 2025 And How It Affects Businesses

On June 26, 2025, President Bola Ahmed Tinubu signed into law a historic package of tax reform legislation, marking the most comprehensive overhaul of Nigeria's fiscal architecture in decades.

Sobowale, Medidem & Bello

Comprehensive Guide: Personal Income Tax Deductions Under The Nigeria Tax Act 2025

It repeals several existing tax laws, including the Personal Income Tax Act, and it took effect from January 1, 2026.

Syntegral Legal Practice

Capital Gains Tax Under The Nigeria Tax Act 2025 – No Longer Business As Usual

The Nigeria Tax Act 2025 (NTA 2025), which came into effect on 1 January 2026, introduces a new framework for the taxation of capital gains in Nigeria.

KPMG in Nigeria

Examination Of The Value Added Tax Provisions Under The Nigeria Tax Act, 2025

On June 26, 2025, President Bola Ahmed Tinubu signed four transformative tax bills into law, fundamentally reshaping Nigeria's taxation landscape. The Nigeria Tax Act, 2025 repealed principal taxation legislations, introducing a comprehensive new framework that affects companies and taxpayers across the country. What are the key provisions of this new tax regime and how will it impact businesses operating in Nigeria?

Streamsowers & Köhn

Understanding Personal Income Tax Under The Nigerian Tax Act 2025

The Nigeria Tax Act, 2025 ("the Act") was signed into law on June 26, 2025, and is set to take effect from January 1, 2026. This new legislation marks a major reform of Nigeria's tax system.

Adeola Oyinlade & Co

Taxation Of Non-resident Individuals In Nigeria

Nigeria's new tax framework, effective January 1, 2026, introduces comprehensive regulations for non-resident individuals earning income from Nigerian sources. Understanding the criteria for non-resident status, tax obligations, registration requirements, and filing procedures is essential for expatriates and foreign workers operating in Nigeria's evolving tax landscape.

GGI | Global Alliance