Nigeria: Stamp tax collection by tax authority clarified

Nigeria: Stamp tax collection by tax authority

The Federal Inland Revenue Service on 17 February 2020 issued a notice announcing that it is the sole agency responsible for the collection of stamp tax (duties) on behalf of the federal government of Nigeria, pursuant to an amendment of the stamp duties law by the Finance Act, 2019.


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The subject stamp taxes generally concern instruments executed between a company and an individual, a group or a body of individuals.

The tax authority has requested stamp tax collection agents to remit all stamp taxes collected within seven days of the February 2020 notice.

Read a February 2020 report prepared by the KPMG member firm in Nigeria

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