Nigeria: FAQs under CRS-AEOI regime; reminder, extended deadline expires 30 September (COVID-19)

Nigeria: FAQs under CRS-AEOI regime

The Federal Inland Revenue Service in May 2020 extended the deadline for initial reporting under the common reporting standard (CRS) and automatic exchange of information (AEOI) regime.

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The deadline for the CRS-AEOI reporting was set at 31 May 2020, but was extended to 30 September 2020 in response to the coronavirus (COVID-19) pandemic. Read TaxNewsFlash

A set of “frequently asked questions” (FAQs) from KPMG in Nigeria is intended to simplify the CRS-AEOI rules. Read a September 2020 report [PDF 165 KB] prepared by the KPMG member firm in Nigeria

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