by admin | Feb 12, 2020 | pedabo-insights
The Tax Appeal Tribunal (TAT) last week ruled on a matter between MTN Nigeria Communications Plc (“MTN”) and the Federal Inland Revenue Service (“FIRS”). Continue Reading orDownload
by admin | Sep 16, 2019 | pedabo-insights, Uncategorized
The Federal Executive Council on Wednesday, 11th September 2019, approved that the Value Added Tax (VAT) rate be increased from the current rate of 5% to 7.2%. This proposed increase was announced by the Honorable Minister of Finance, Budget and National...
by admin | Aug 28, 2019 | pedabo-insights, Uncategorized
The Federal Inland Revenue Service (FIRS) has issued a public notice on the deductibility of withholding tax (WHT) and value added tax (VAT) on compensation and/or commission due to distributors, dealers and/or agents. CLICK HERE FOR FULL ARTICLE
by admin | Jul 1, 2019 | pedabo-insights, Uncategorized
The Tax Appeal Tribunal (TAT) of the South-East Zone on June 21, 2019, in its decision in Nigerian Breweries Plc v Abia State Board of Internal Revenue (TAT/SEZ/002/17) held that gratuities are exempted from income tax under the Personal Income Tax Act (PITA), 2011....
by admin | Feb 11, 2019 | pedabo-insights, Uncategorized
On Friday 25 January 2019, the President of the Federal Republic of Nigeria signed the Executive Order 007 2019 on Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme (“The Scheme”). The Scheme aims for a public-private partnership (PPP) by...
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