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
In its 7th November 2022 Public Notice, the Federal Inland Revenue Service (“FIRS” or the “Service”) informed all persons carrying on a trade, profession or any kind of
If you are a #trader out there (or interested in trading) and need to learn how the new CBN cash withdrawal limits will impact your business and
We at Vi-M Professional Solutions, are delighted to invite you to our webinar on the theme, “The New CBN Cash Withdrawal Limits: Potential Tax Implications for Traders and How to Manage Them”. On
The Federal Inland Revenue Service (“FIRS” or “the Service”), in its Public Notice of 26 October 2022, informed the Nigerian Public that it has now
The Federal Inland Revenue Service (FIRS) in its recent Press Release, has informed the general public of its grant of companies’ income tax (CIT) filing
In its Public Notice of 9 May 2022 (view here), the Federal Inland Revenue Service (FIRS), is demanding the following of Nigerian Companies: All companies
On 10 March 2022, the Corporate Affairs Commission (CAC) informed the general public, through its Public Notice, that it has stopped approving schools, academies and
Introduction The Petroleum Industry Act was signed into law by President Muhammadu Buhari on Monday, August 16, 2021 after series of amendments and dialogues which
On 9 August 2021, the Federal High Court, Port Harcourt division, issued a very controversial ruling on Value Added Tax (VAT). In a case of
