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May 22, 2020
Following the passage of the Finance Act 2019, the Federal Inland Revenue Service (FIRS or the Service) has released several circular providing clarification on certain provisions of extant tax laws...
May 15, 2020
With the introduction of sweeping changes to the provisions of existing tax laws in Nigeria by the Finance Act 2019 (the Act), it has become necessary for the Federal Inland Revenue...
May 5, 2020
In its latest Interim Economic Outlook of March 2020, the Organisation for Economic Co-operation and Development (OECD) warns that the COVID-19 Pandemic (“the Pandemic” or “the Virus”) is the global...
March 27, 2020
Given the gross reduction in the volume of economic activities in most countries, including Nigeria; and in some cases, a complete halt, the Coronavirus pandemic (the Pandemic) is bound to...
March 26, 2020
In a bid to ameliorate some of the potential impacts of the pandemic on businesses in Nigeria, the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Muhammed Nami...
February 14, 2020
With the Nigerian fiscal landscape constantly in a state of flux and the frequent push and pull by the government aimed at improving the economic fortunes of the country, the...
October 24, 2019
By a public notice (“the Notice”) issued by the Federal Inland Revenue Service (“the Service” or “FIRS”), a tax office-specific and peculiar to Non-Resident persons as defined under Nigerian law...
September 26, 2019
The Tax Appeal Tribunal (“TAT“) on 17.09.19, sitting in Lagos, in the matter of Earth Moving International v. Federal Inland Revenue Service1, delivered judgement to the effect that; (x) a...
September 12, 2019
The President of the Federal Republic of Nigeria recently passed into law the Nigerian Police Trust Fund Establishment Act 2019. (NPTFEA or the Act). The NPTFEA creates a Special Intervention...
August 23, 2019
The Federal Inland Revenue Service (“FIRS”), in a Public Notice, issued a guidance to the public and taxpayers in general on Withholding Tax (“WHT”) and Value Added Tax(“VAT”) deductible on...
May 22, 2020
Following the passage of the Finance Act 2019, the Federal Inland Revenue Service (FIRS or the Service) has released several circular providing clarification on certain provisions of extant tax laws...
May 15, 2020
With the introduction of sweeping changes to the provisions of existing tax laws in Nigeria by the Finance Act 2019 (the Act), it has become necessary for the Federal Inland Revenue...
May 5, 2020
In its latest Interim Economic Outlook of March 2020, the Organisation for Economic Co-operation and Development (OECD) warns that the COVID-19 Pandemic (“the Pandemic” or “the Virus”) is the global...
March 27, 2020
Given the gross reduction in the volume of economic activities in most countries, including Nigeria; and in some cases, a complete halt, the Coronavirus pandemic (the Pandemic) is bound to...
March 26, 2020
In a bid to ameliorate some of the potential impacts of the pandemic on businesses in Nigeria, the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Muhammed Nami...
February 14, 2020
With the Nigerian fiscal landscape constantly in a state of flux and the frequent push and pull by the government aimed at improving the economic fortunes of the country, the...
October 24, 2019
By a public notice (“the Notice”) issued by the Federal Inland Revenue Service (“the Service” or “FIRS”), a tax office-specific and peculiar to Non-Resident persons as defined under Nigerian law...
September 26, 2019
The Tax Appeal Tribunal (“TAT“) on 17.09.19, sitting in Lagos, in the matter of Earth Moving International v. Federal Inland Revenue Service1, delivered judgement to the effect that; (x) a...
September 12, 2019
The President of the Federal Republic of Nigeria recently passed into law the Nigerian Police Trust Fund Establishment Act 2019. (NPTFEA or the Act). The NPTFEA creates a Special Intervention...
August 23, 2019
The Federal Inland Revenue Service (“FIRS”), in a Public Notice, issued a guidance to the public and taxpayers in general on Withholding Tax (“WHT”) and Value Added Tax(“VAT”) deductible on...