ArticleNigeria's National Tax Policy - Any Agenda For The New FIRS' Chair?The NTP should not become a redundant policy document or reference tool only for academics. NigeriaTaxDeloitte Nigeria
ArticleFIRS Introduces New Online Tax Administration SolutionOn 4th June, 2021, the Federal Inland Revenue Service (FIRS or "the Service") issued a Public Notice ("the Notice") informing the public of its introduction of an online Tax Administration Solution (TaxPro-Max) for ease of tax compliance.NigeriaTaxAndersen in Nigeria
ArticleFRCN revokes rule requiring regulatory approval before recognising certain expensesThe Financial Reporting Council of Nigeria ("FRCN") on Monday, 5 August 2019, issued a public noticeNigeriaCorporate/Commercial LawDeloitte Nigeria
ArticleThe Recent Changes To The Nigerian Tax CodeIn a recent landmark decision , the Tax Appeal Tribunal (TAT or the Tribunal) held that INT Towers Limited (INT) is not liable to pay the levy imposed on GSM service providers ...NigeriaMedia, Telecoms, IT, EntertainmentCM Advocates Nigeria
ArticleFIRS Issues Nigeria's Country-By-Country Reporting RegulationsThe Federal Inland Revenue Service (FIRS) in exercise of powers conferred on it by Section 61 of the Federal Inland Revenue Service (Establishment) Act No.13 of 2007, and all other powers enabling it, ...NigeriaTaxDeloitte Nigeria
ArticleFIRS Now Seals Off Companies That Are Clearly In Tax DefaultFirst it was posting of non-compliance stickers on the premises of defaulting companies. Now, the FIRS has begun to seal off companies that have failed to comply with their tax obligations.NigeriaTaxPwC Nigeria
ArticleLIRS Grants Further COVID-19 Reliefs To TaxpayersIn order to give taxpayers ample time to file their tax returns amid the lockdown, the LIRS had in March 2020 issued a public notice extending the filing deadline from 31 March to 30 June 2020.NigeriaTaxPwC Nigeria
ArticleNECA Holds Meeting To Chart Way Forward On The Abuse Of Pioneer StatusThe NECA recently invited its members to a meeting to discuss the recent investigative activities of the National Assembly on organised businesses in Nigeria and to take a position on a way forward in this regard.NigeriaTaxDeloitte Nigeria
ArticleRIRS Launches Electronic Platform For Taxpayers To Manage Their Tax AffairsIn keeping with the recent drive by revenue authorities to automate their processes, the Rivers State Internal Revenue Service (RIRS) ...NigeriaTaxDeloitte Nigeria
ArticleSo Who Do I Pay My VAT To?We have identified the facts and legal position on this issue below, as well as what each tax payer needs to know.NigeriaTaxTNP
ArticleTax Deductibility Of Donations By Corporate Entities And Individuals To Combat COVID-19The COVID-19 pandemic which is currently affecting countries across the world has once again shown how inter-connected the global economy is. What started as an outbreak in a province in China NigeriaTaxAndersen in Nigeria
ArticleHouse Of Representatives Passes Emergency Economic Stimulus Bill In Response To COVID-19 PandemicOn 25 March 2020, the House of Representatives (HoR) of the Federal Republic of Nigeria passed the Emergency Economic Stimulus Bill. NigeriaCoronavirus (COVID-19)Andersen in Nigeria
ArticleAndersen Celebrates Two Years In NigeriaIn July 2017, the Andersen name debuted in Africa when Andersen Tax launched in Lagos and Abuja in Nigeria. Today, as we celebrate our two-year anniversaryNigeriaTaxAndersen in Nigeria
ArticleAnother Earmarked Tax Coming Through NYSC Trust Fund Establishment Bill, 2021The National Assembly of the Federal Republic of Nigeria recently passed the National Youth Service Corps (NYSC) Trust Fund (Establishment) Bill, 2021 ("the Bill")...NigeriaTaxKPMG in Nigeria
ArticleFIRS Establishes A Non-Resident Persons' Tax OfficeThe Federal Inland Revenue Service (FIRS) has issued a Public Notice notifying the general public of the establishment of a Non-Resident Persons' Tax Office (NRPTO). The Public Notice directs all...NigeriaTaxAndersen in Nigeria
ArticleFIRS Issues Information Circular On The Claim Of Tax Treaty Benefits In NigeriaTo be entitled to the benefits under a tax treaty with Nigeria, a taxpayer must be a resident of Nigeria or the treaty partner or both countries. In addition,NigeriaTaxPwC Nigeria
ArticleFIRS Issues Public Notice On The Segmentation Of Tax OfficesThe Federal Inland Revenue Service (FIRS) has issued a Public Notice informing the general public on the appropriate FIRS office to file their tax returns. NigeriaTaxAndersen in Nigeria
ArticleFIRS Seeks To Close Prolonged Tax Audits Using NORAsFederal Inland Revenue Service (FIRS) has recently been issuing Notice of Refusal to Amend (NORA) assessments issued in respect of on-going tax audit exercises.NigeriaTaxDeloitte Nigeria
ArticleHigh Expectations As PIB Transforms Into Petroleum Industry Governance And Institutional Framework (PIGIF) BillAs recommended by various stakeholders, the 223-page Petroleum Industry Bill (PIB) which has been stalled for over 12 years has now been split into at least 2 separate bills. NigeriaTaxPwC Nigeria