The Head of International Tax Department of the Federal Inland Revenue Service (FIRS), Mr. M.O. Gbonjubola, was the Keynote Speaker at the KPMG Quarterly Tax Breakfast Seminar held on Tuesday, 19 June 2018.
Mr. Gbonjubola discussed key changes in the Nigerian Transfer Pricing (TP) environment and also highlighted some of the achievements of the Federal Government in modelling the Nigerian TP regime after global best practices. The changes include:
The expectation is that the above reforms would further develop the TP regime in Nigeria to promote greater transparency and accountability.
Click here to access our newsletter, which provides a summary of discussions at the Tax Breakfast Seminar.
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