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.

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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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