- Nigerian Tax Compliance Review Exercise🔍
- Recent Updates in the Taxation of Non|Resident Shipping Companies🔍
- Tax Investigation Exercise – Legal Basis vs Practice.🔍
- How to deal with the expected increase in Nigerian tax audits🔍
- FIRS begins VAT and WHT compliance exercise🔍
- The Federal Inland Revenue Service 🔍
- Taxpayer Guidelines🔍
- FIRS Tax Compliance🔍
Nigerian Tax Compliance Review Exercise
Nigerian Tax Compliance Review Exercise - Topics/Issues
The demands allege that certain named vessels have traded to Nigeria between 2010-2019 and have not filed Companies Income Tax (CIT) returns nor paid taxes to ...
Nigerian Tax Compliance Review Exercise - Intertanko
A year ago, the Nigerian government's Federal Inland Revenue Service, known as FIRS, began a retrospective tax compliance review exercise, ...
Nigeria: Guidelines on nature, scope of tax compliance
Nigeria: Guidelines on nature and scope of tax compliance inquiry processes ... The Federal Inland Revenue Service (FIRS) released guidelines to ...
Recent Updates in the Taxation of Non-Resident Shipping Companies
In line with this, the FIRS launched a tax-investigative exercise into the industry in the form of a tax compliance review exercise, which ...
Tax Investigation Exercise – Legal Basis vs Practice. - Mondaq
This implies that taxpayers are required to account for their taxes by reviewing their financial records, quantify their tax liabilities based ...
How to deal with the expected increase in Nigerian tax audits
The complex nature of TP compliance requirements. It is therefore crucial that MNEs review their TP compliance systems to ensure they ...
• Findings from desk reviews should be considered during tax audit or investigation exercises ... tax compliance process in Nigeria These ...
Nigeria | Current development on taxation of nonresident companies ...
Businesses in this category should review their operations to understand their tax obligations in Nigeria and ensure compliance with the law.
FIRS begins VAT and WHT compliance exercise
Federal Inland Revenue Service (FIRS) will commence the review of taxpayers' compliance with value added tax (VAT) and withholding tax (WHT) across the nation.
Nigeria: Tax & Business Matters
In view of the above, tax authorities are prompted to exercise diligence and timeliness when issuing assessments and pursuing potential tax ...
The Federal Inland Revenue Service (FIRS), Tax Compliance and ...
Purpose: The study seeks to investigate has the FIRS done to improve tax compliance and understand the effects of FIRS reforms had on tax ...
Taxpayer Guidelines - FIRS - Simplifying Tax, Maximizing Revenue
The review and amendment of tax legislation is in keeping with the formal tax amendment process as provided for in the Nigerian constitution. ... tax compliance.
FIRS Tax Compliance: Guidelines for a Seamless Inquiry Process!
They must be preceded by a pre-audit meeting with taxpayer, followed by a visit to taxpayer's office and reconciliation meetings. Tax audits ...
Nigeria - Corporate - Tax administration
Tax audit process ... Generally, the tax authority will commence a desk examination of a taxpayer's returns immediately after filing. This may be ...
Tax Compliance in Nigeria: Overcoming Challenges and Seeking ...
Tax compliance is a critical aspect of Nigeria's economic landscape, impacting revenue generation, public service delivery, and overall ...
Nigeria | Current development on taxation of nonresident companies ...
Businesses in this category should review their operations to understand their tax obligations in Nigeria and ensure compliance with the law. Executive ...
Assessing Nigeria's Federal Tax Administration System from a ...
In Nigeria, as in most developing or developed nations, taxation is a vital source of revenue for all levels of government. Taxpayers are ...
FIRS issues Guidance Notes on Tax Audits and Investigations
The engagement and feedback process with relevant stakeholders should be sustained to ensure regular review of the Guidance Notes and further ...
The FIRS Issues Guidelines On The Nature And Scope Of Tax ...
The FIRS Issues Guidelines On The Nature And Scope Of Tax Compliance Inquiry Processes · 1. Desk Review and Monitoring Exercises: · 2. Tax Audits:.
At a glance: tax law enforcement in Nigeria - Lexology
A succinct guide to the enforcement mechanisms and strategies of the tax authorities in Nigeria, including review of tax returns and ...