Federal High Court dismisses FIRS application for stay of execution on VAT judgement

The Federal Inland Revenue Service (FIRS) filed an application for a stay of execution of the judgment of the Federal High Court (FHC) in the case of Attorney General of Rivers State v. FIRS & Attorney General of the Federation.

Federal High Court's Practice Directions for FIRS

Tax Newsletter: No more ₦50 stamp duty on bank deposits- Federal High Court

A Federal High Court (FHC) on 13 March 2017, delivered a judgment on the validity of the circular issued by Central Bank of Nigeria referenced CBN/GEN/DMB/02/006, in the case between Retail Supermarkets Nigeria Limited (AKA Shoprite) and the defendants Citibank Nigeria Limited (Citibank) and Central Bank of Nigeria (CBN).