Tag FIRS

Multichoice Nigeria to pay NGN900bn tax debt to FIRS

Multichoice Nigeria Limited (Multichoice) offers entertainment platforms such as DStv and GOtv. In April 2021, the Federal Inland Revenue Service (FIRS) issued a demand notice of NGN1.8trillion to Multichoice over an alleged NGN1.8 trillion tax evasion. Next, Multichoice appealed with…

FIRS launches Automated Tax Administrative Solution

The Federal Inland Revenue Service (FIRS) has released a public notice on the deployment of its Automated Tax Administration Solution. The automation exercise will start on 1 May 2021. FIRS will connect its Automated Tax Administration Solution to tax records,…

EndSARS: FIRS Nigeria grants tax palliative

While Nigeria was trying to recover from the economic disruption from the COVID-19 pandemic, another nationwide lockdown emerged in October 2020. The lockdown was an outcome of the EndSARS protest. EndSARS is a movement to stop police brutality in Nigeria…

Nigeria Tax Highlights – July 2020

Welcome to the monthly series on Nigeria Tax Highlights. In this summary, we have put together the top 5 events that will bring us up to speed with the Nigerian taxation for July 2020. Here are the five (5) blog…