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Nigeria: Tax enforcement program, focused on tax collection

Nigeria: Tax enforcement program

The Federal Inland Revenue Service (FIRS) on 17 December 2019 issued a notice announcing the start of a nationwide tax enforcement exercise.

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The tax enforcement program begins 18 December 2019, and aims to identify tax defaulters and to recover outstanding tax liabilities arising from self-assessment, tax and transfer pricing audits, tax investigation, and demand notices, etc.

According to the tax authorities, among the taxes that are subject to this program are petroleum profits tax, companies income tax, value added tax, withholding tax, tertiary education tax, stamp tax, and capital gains tax. The FIRS has advised taxpayers to settle their tax liabilities within seven days of the notice to avoid any disruption to their business operations.


Read a December 2019 report [PDF 130 KB] prepared by the KPMG member firm in Nigeria

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

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