The tax authority of the Nigerian state of Delta State announced that it would waive interest and penalties on outstanding tax liabilities arising from tax audits of “affected taxpayers” (including education institutions, eateries, and hotels) for the period from 2011 to 2019. The waiver is provided as a relief measure in response to the coronavirus (COVID-19) pandemic.
Affected taxpayers that want to request a waiver of interest and penalties on tax liabilities arising from audits must submit an application within 21 days of the assessment notice, and then settle the outstanding (principal) tax liabilities by 30 September 2020.
Read an August 2020 report [PDF 116 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.