The Tax Appeal Tribunal (TAT), sitting in Benin, on 8th October, 2020, handed out a ruling in the appeal of Citibank Nigeria Limited v. Rivers State Board of Internal Revenue enunciating the law that tax authorities cannot…READ MORE
It is a dawn of new era for the Chartered Institute of Taxation of Nigeria – CITN as the institute unveils a new LOGO at it ongoing Annual Tax Conference. We the partners and staff…READ MORE
Certain narrative has it that a weaker Nigerian naira is pushing US dollars out of reach for many including the rich and poor alike. This has resulted in the search for alternatives. A study by…READ MORE
RENTS ON LEASES ARE NOT SUBJECT TO VAT + INFORMATION CIRCULARS ARE NOT DELEGATED INSTRUMENTS SAYS THE TAX APPEAL TRIBUNAL LAGOS ZONE TODAY 10/09/2020.
Major take-away in the decisions of the Tax Appeal Tribunal Lagos Zone in APPEAL NO: TAT/LZ/VAT/029/2019 between ESS-AY HOLDINGS LIMITED vs. FEDERAL INLAND REVENUE SERVICE handed out on 10th September, 2020. They are: 1. INCOME FROM…READ MORE