Nigeria Tax Highlights – June 2020

At this time of the year, we must still hope for the best before the year ends. Good things do happen in the second half of a year.

In this summary, we have put together the top 3 events that will bring you up to speed with the Nigerian tax for June 2020. Here are the three (3) blog posts that shaped the Nigerian tax space in May 2020.

  1. LIRS introduced an online meeting for tax audit reconciliation as well as meeting procedures. To read the full article, check here.

  2. Further to the Value Added Tax (Modification) Order 2020, Federal Inland Revenue Service (FIRS) issued a public notice on four (4) items that are not exempt from VAT. The article is available here.

  3. FIRS created a Committee for the audit and recovery of back-years stamp duties relating to the last five (5) years. To read the full article, check here.
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