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Nigeria: Country-by-country reporting regulations are published

Nigeria: CbC reporting regulations are published

The Federal Inland Revenue Service on 19 June 2018 published country-by-country (CbC) reporting regulations.


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The CbC reporting regulations address:

  • Who is required to file a CbC report
  • The date for submitting the CbC report
  • Information to be included in the CbC report
  • Rules for CbC reporting when the ultimate parent entity of a multinational enterprise (MNE) group is not a tax resident of Nigeria
  • Rules for notifying the tax authority of the identity of the entity within the MNE group that will file the CbC report
  • Penalties for noncompliance


Read a June 2018 report [PDF 408 KB] prepared by the KPMG member firm in Nigeria

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