In a recent move to support businesses and ease the burden on taxpayers in Nigeria, the Federal Inland Revenue Service (FIRS) has introduced certain concessions
The Federal Inland Revenue Service (FIRS) has recently issued a Public Notice to announce its plan to carry out a nationwide Value Added Tax (VAT)
The Federal Inland Revenue Service (FIRS) recently issued an Information Circular to clarify the scope, purpose, requirements, triggers, and methods for its various tax inquiry
Navigating the tax landscape as a non-resident individual or company in Nigeria can be complex, but understanding the rules and regulations is essential. Through its
Pursuant to the provisions of section 10 of the Value Added Tax (VAT) Act (as amended), which bothers on VAT obligations for Non-Resident Suppliers (NRS),
The Federal Inland Revenue Service (FIRS) on 14 August 2023, issued an Information Circular to provide guidance on the taxation of Limited Liability Partnerships (LLPs)
Tax season can be a stressful time for many individuals and businesses. The complexities of tax laws, changing regulations, and the fear of making costly
Tax due diligence is a crucial aspect of any significant business transaction, ensuring that all tax-related risks and obligations are identified, assessed, and properly managed.
As has been our firm’s tradition for some years now, this year 2023, Vi-M Professional Solutions will once again be celebrating International Women’s Day (IWD)
In a recent Memorandum of Understanding signed by the Federal Inland Revenue Service (FIRS) and the Lagos Internal Revenue Service State (LIRS), both agencies have
