Nigeria Tax Highlights – February 2019

February 2019 was a much-awaited month for the Presidential elections in Nigeria. Apparently, the election period came with its attendant low pace in economic activities.…

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FIRS aims to conclude ongoing tax audits using NORA

The Federal Inland Revenue Service (FIRS) has started issuing Notice of Refusal to Amend (“NORA” or “the notice”) to companies with open tax audit exercises.…

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FIRS set to freeze bank accounts again

Six months ago, the Federal Inland Revenue Service (FIRS) appointed banks as agents of defaulting taxpayers an annual bank turnover of NGN1 billion. The goal…

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Nigeria Tax Highlights – January 2019

The year 2019 started on a good note. In Nigeria, tax attracted lots of predictions on aggressive revenue drive after the elections in February. BRC…

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