Nigeria: Extended deadline, interest and penalty relief for pending tax liabilities (COVID-19)

Nigeria: Extended deadline, interest and penalty relief

The Federal Inland Revenue Service announced an extension of the deadline for the waiver of penalty and interest on outstanding tax liabilities to 31 August 2020. The relief is provided in response to the coronavirus (COVID-19) pandemic.


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Initially, the deadline for interest and penalty relief had been extended to 30 June 2020.

The waiver for interest and penalties relates to tax liabilities arising from desk reviews, tax audits, tax investigations, and approved instalment payment plans under the voluntary assets and income declaration program.

Read a July 2020 report [PDF 134 KB] prepared by the KPMG member firm in Nigeria

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