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The LIRS to Commence Automated Monitoring of Consumption Tax
February 22, 2018
The Lagos State Internal Revenue Service (LIRS) recently issued the Hotel Occupancy and Restaurant Consumption (Fiscalisation) Regulation (the Regulation), in […]
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United Kingdom Introduces New Unexplained Wealth Orders
February 17, 2018
The United Kingdom (UK) government recently amended the Proceeds of Crime Act 2002, via the UK Criminal Finances Act, 2017 (the […]
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Personal Income Tax Act (Amendment) Bill 2018
February 15, 2018
A Personal Income Tax Act (Amendment) Bill 2018 (the Bill) was recently presented before the House of Representatives for deliberation. […]
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FHC Ruling on Vodacom v. FIRS on Supply of Bandwidth Capacities
February 13, 2018
Summary The Federal High Court (FHC), on 19 December 2017, affirmed the decision of the Tax Appeal Tribunal (TAT or […]
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FCT-IRS Commences Operations – Issues New Data Collection Forms
February 2, 2018
In line with a recently issued Joint Statement by the Federal Inland Revenue Service (FIRS) and the Federal Capital Territory […]
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FGN Signs the Income Tax (Country-by-Country Reporting) Regulations
January 25, 2018
The Federal Inland Revenue Service (FIRS) through its official twitter handle communicated that the Income Tax (Country by Country Reporting) […]
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