close
Share with your friends

Nigeria: Tax audit guidelines in Lagos State (COVID-19)

Nigeria: Tax audit guidelines in Lagos State (COVID-19)

The Lagos Internal Revenue Service issued guidance concerning changes to its process of conducting “tax audit reconciliation committee” (TARC) meetings. The modification was necessitated by the coronavirus (COVID-19) pandemic and the need to adhere to public health and safety protocols as announced by Nigeria’s federal government and the Lagos State government.

1000

Related content

In general, the guidance allows TARC meetings by video conferencing, with physical meeting being an exception, and provides for electronic submissions of documents.

Read a June 2020 report [PDF 129 KB] prepared by the KPMG member firm in Nigeria

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in 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.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal