Federal High Court FIRS practice direction

VAT dispute: Court of Appeal orders all parties to maintain pre-dispute position

(pre-dispute status) and refrain from taking any steps to give effect to the judgment of the Federal High Court (FHC) in the case of Attorney General of Rivers State v. FIRS & Attorney General of the Federation pending the hearing and determination of the motion for stay of execution filed by the Federal Inland Revenue Service (FIRS).

Yomi Olugbenro assesses the VAT Controversy between States and the FIRS
Federal High Court FIRS practice direction

Federal High Court’s Practice Direction for FIRS

The Chief Judge of the Federal High Court (FHC) of Nigeria, in line with Order 57 Rule 3 of the Federal High Court (Civil Procedure) Rules, 2019 (FHC Rules) on 31 May 2021 issued a Practice Direction. The Practice Direction became effective on 1 June 2021 and relates to tax matters administered by Federal Inland Revenue Service (FIRS).

FIRS extends filing deadline for Income Tax Returns by one month

FIRS extends the filing deadline for Income Tax Returns by one month

The Federal Inland Revenue Service (FIRS) has issued a public notice (the Public Notice) to extend by one month, the deadline for filing the income tax returns of companies whose returns were due on 30 June 2021; the new due date of filing such income tax returns is now 31 July 2021.

FIRS introduces TaxPro-Max for the filing of Naira denominated tax returns

The Federal Inland Revenue Service (FIRS) has announced the introduction of TaxPro-Max, a Tax Administration Solution aimed at easing tax compliance in Nigeria. The launch was communicated to the general public via a Public Notice.

Nigerian government resuscitates the National Agency for Science and Engineering Infrastructure levy

Nigerian government resuscitates the National Agency for Science and Engineering Infrastructure levy

The Federal Government of Nigeria recently directed the Minister of Finance, Budget and National Planning (MoF) and Federal Inland Revenue Service (FIRS) to collect and subsequently remit statutory levy due to the National Agency for Science and Engineering Infrastructure (NASENI).

Federal High Court FIRS practice direction

Tax Appeal Tribunal provides criteria for WHT exemption on ‘Sales in the Ordinary Course of Business’

The Tax Appeal Tribunal (TAT) on 1 December 2020, in the case between Tetra Pak and the Federal Inland Revenue Service (FIRS), ruled that the sale of packaging materials, spare parts and equipment by the Company is in the ordinary course of its business and hence not liable to Withholding Tax (WHT).

FIRS grants further tax palliatives in view of recent business disruptions

FIRS grants further tax palliatives in view of recent business disruptions

Following the disruption to businesses which followed the recent protest across Nigeria, the Federal Inland Revenue Service (FIRS) has issued a public notice (the Notice) granting an additional window for obtaining a waiver of interest and penalty on outstanding tax liabilities resulting from tax desk reviews, audit and/or investigations and self-assessments from 4 November to 31 December 2020

FIRS issues public notice on completion of Self-Certification Forms by Reportable Persons

The Federal Inland Revenue Service (FIRS) on 17 September 2020, released a public notice requesting all account holders with Reporting Financial Institutions (RFIs), such as commercial banks, insurance companies, asset management companies etc., to obtain, complete and submit Self-Certification Forms (SCFs) to their respective financial institutions.

Tax Appeal Tribunal rules that rent is not subject to VAT

The Tax Appeal Tribunal, in the case between Ess-Ay Holdings Limited (Ess-Ay) and the Federal Inland Revenue Service (FIRS), ruled that rent is not subject to Value Added Tax (VAT).