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The Federal Inland Revenue Service ("FIRS") has automated its Value Added Tax ("VAT") filing and collection system.

The Federal Inland Revenue Service has automated its Value Added Tax filing and collection system.

The Federal Inland Revenue Service recently issued Information Circular No.: 2023/01 on Guidelines on the Withholding and Self-Account of Value Added Tax (sic) pursuant to the provisions of the VAT Act Cap.V1 LFN 2004 (as amended).

The Finance Act (FA) 2019 introduced significant amendments to the Value Added Tax Act (VATA). The FIRS circular seeks to provide guidance on how the FIRS intends to implement the VAT amendments.

On 21st April, 2021, the Federal Inland Revenue Service (FIRS or "the Service") issued a Public Notice to all taxpayers

On 17 December 2019, the Federal Inland Revenue Service (FIRS) issued a Public Notice notifying all taxpayers (individuals, partnerships, enterprises, corporate organisations, ministries, departments and agencies)

The Federal Inland Revenue Service (FIRS) recently released the Income Tax (Common Reporting Standard) Regulations (the Regulations), which is effective from 1 July 2019.

The Financial Reporting Council of Nigeria (FRCN) has revoked Rule 4 of the FRCN Rules through a public notice (PN) dated 11 July 2019.

This article analyses the key provisions of the Nigeria Tax Act 2025 (the NTA or the new Act) relating to levies, tax incentives, and repeal/savings provisions.

The Kano State government recently introduced a 5% consumption tax payable on the consumption of goods and services in any hotel, restaurant, eatery, bakery, takeaway, suya spot, shopping mall, store, event centre ...

The Lagos State Internal Revenue Service (LIRS) recently issued a public notice to all employers, company owners and their representatives, employees, ...

Statutorily, under the Personal Income Tax Act (PITA) Cap P8 LFN 2004 (as amended), every employer is under obligation to file employers' tax returns (Form H1)

First, let me start by wishing you all a Splendid 2015!

On 8th October, 2021, the Organization for Economic Co-operation and Development (OECD) announced that 136 jurisdictions out of 140 members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS)

The Nigerian government established the Nigerian Export Promotion Council (NEPC) in 1976 with the aim of diversifying the productive base of the Nigerian economy away from oil and fostering a market-oriented...

As the new administrations at federal and state levels fully settle down and begin to strategise on how to deliver social services amid dwindling revenue, real focus is shifting more towards taxation as the veritable source of revenue.

The introduction of President Bola Tinubu's Tax Reform Bill has sparked widespread debates across Nigeria.