Get started Book a demo
EYEY

Nigeria's Non-Resident Persons' Tax Office ramps up tax compliance enforcement for nonresidents with Nigerian business presence

|Tax Alerts, National/Federal Taxation, G ...|Nigeria
Nigeria

  • The Federal Inland Revenue Service (FIRS) appears to be collaborating with certain stakeholders to obtain relevant information about nonresident companies (NRCs) in Nigeria, with a mandate to close general tax compliance gaps in Nigeria.
  • Specifically, FIRS has mandated that NRCs deriving capital gains from Nigeria regularize their compliance status for capital gains tax and other taxes. NRCs should evaluate their operations (historic and current) and regularize their tax positions.
  • With Nigeria's …