Nigeria: Waiver of interest and penalty on outstanding tax liabilities (COVID-19)

Nigeria: Outstanding tax liabilities (COVID-19)

The tax authority (FIRS) today issued a notice announcing its decision to waive interest and penalties on outstanding tax liabilities and debts arising from desk reviews, tax audits and investigations as a relief measure in response to the coronavirus (COVID-19) pandemic.


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To be eligible for the interest and penalty relief, taxpayers must settle their outstanding tax debts in full by 31 May 2020.

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The relief does not cover any underlying, disputed tax liabilities determined by audit.

Read an April 2020 report [PDF 116 KB] prepared by the KPMG member firm in Nigeria

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