Tax Matters

In Virtual Sitting, Tax Appeal Tribunal North East Zone Orders First Bank to Pay N77.3M to Adamawa State Government

The Tax Appeal Tribunal, North-East Zone, sitting in Bauchi has delivered judgement in a virtual…

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Grant of Pioneer Status does not Exempt Companies from Paying Taxes

Peter Ugbu The Tax Appeal Tribunal (TAT) Lagos Zone in the case of TAT/LZ/PPT/011/2020- Federal…

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A Party who Intends to Challenge Tax Assessment must Pay 50% of Disputed Amount before Court Hearing

Taxpayers who plan to institute legal action against the Federal Inland Revenue Service, FIRS, now…

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Tax Matters| 10 Questions and Answers arising from the Federal High Court [FIRS] Practice Direction, 2021

Question OneWhat is a Practice Direction? AnswerAccording to Wikipedia, a practice direction is a supplemental…

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Nigerian Bank Holding Companies are Taxable on Dividends by Prof. M.T. Abdulrazaq

Nigerian Banks have been declaring huge profits and it is expected that huge sums would…

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