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Federal High Court Calls for the Review of the NITDA’s “Whitelist” on International Data Transfer
December 18, 2023
Background Recently, the Federal High court (FHC or the Court) in Abuja on Tuesday, 28 November 2023 delivered a Judgment […]
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FIRS Grants Waiver of Penalty and Interests on Outstanding Tax Liabilities
December 5, 2023
Summary The Federal Inland Revenue Service (“FIRS” or “the Service”) recently issued a public notice where it approved a one-month […]
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FRCN Issues Public Notice for Early Adopters of the IFRS S1 and S2 Sustainability Disclosure Standards
October 11, 2023
Summary On 9 October 2023, the Financial Reporting Council of Nigeria (FRCN or “the Council”) issued a Public Notice on […]
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FIRS’ Updated Guidelines on VAT Filing Procedures on TaxPro Max Portal
June 26, 2023
Summary The Federal Inland Revenue Service (FIRS) recently issued a Circular to guide the general public, tax practitioners and taxpayers […]
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Tax Appeal Tribunal Rules on FIRS’ Power to Appoint a VAT Collection Agent
June 21, 2023
Summary On 26 May 2023, the Tax Appeal Tribunal (TAT or “the Tribunal”) sitting in Lagos State delivered a ruling […]
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Finance Bill 2023 Receives Presidential Assent
June 9, 2023
Summary On 28 May 2023, the highly anticipated Finance Act, 2023 (“the Act”) was signed into law by former President […]
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