Nigeria: Relief from interest and penalties on outstanding taxes
Nigeria: Relief from interest and penalties
The Federal Inland Revenue Service (FIRS) on 1 December 2020 issued a notice reminding taxpayers of the availability of a waiver of interest and penalties relating to outstanding taxes arising from desk examinations, audit exercises, investigations or all other forms of tax assessments.
The deadline for application of the interest and penalty relief is 31 December 2020.
Read a December 2020 report [PDF 130 KB] prepared by the KPMG member firm in Nigeria
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