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Senate Passes Industrial Development (Income Tax Relief) Act (Amendment) Bill 2018
April 24, 2018
Summary The Senate passed the Industrial Development (Income Tax Relief) Act (Amendment) Bill 2018 (The Bill) on 12 April 2018. […]
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Presidency Signs Two Instruments of Ratification
April 19, 2018
Summary President Muhammadu Buhari has given his assent to Nigeria’s Double Tax Agreement (DTA) with Singapore and a Memorandum of Understanding […]
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Supreme Court Rules on Supremacy of VAT Act Over Lagos State Sales Tax Law
April 16, 2018
Summary On 8 December 2017, the Supreme Court affirmed the Court of Appeal’s decision on the illegality of Sales Tax collection. […]
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Federal Government Extends VAIDS Deadline to 30 June 2018
April 12, 2018
The Federal Government has extended the deadline for the Voluntary Assets and Income Declaration Scheme (VAIDS or ‘the Scheme’) to 30 […]
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Filing of Annual Returns of Income and Claims Falls Due on 31 March 2018
March 26, 2018
Summary The deadline for filing PIT returns for the 2017 tax year is 31 March 2018. The requirement to file […]
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Federal Government Increases Excise Duty Rates for Tobacco and Alcoholic Beverages
March 15, 2018
Summary President Muhammadu Buhari has approved an increase in the excise rates on tobacco and alcoholic beverages effective 4 June […]
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