FIRS establishes Large Taxpayers’ Office (Non Oil) in Apapa
The Federal Inland Revenue Service (FIRS) has announced the establishment of a Large Tax Office (LTO) (Non-Oil) in Apapa, Lagos (“Apapa LTO”) to promote voluntary compliance and ease of paying taxes. The Apapa LTO, located at No. 22 Warehouse Road, Apapa, will effective from 15 May 2020 cater for the following categories of taxpayers whose revenues exceed ₦2 billion.
Consequently, affected taxpayers are required to file all their tax returns and correspondence at the Apapa LTO.
We commend the FIRS for its various efforts to improve the ease of tax compliance particularly by establishing tax offices closer to businesses. However, while Apapa LTO will provide a relief for businesses based in Apapa, the reverse will be the case for domestic aviation companies based mainly in Ikeja, Lagos that would be better served by the Ikeja LTO.
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