November 28, 2020 In Commercial Practice, Criminal Law

6 YEARS ASSESSMENT TIME LIMIT APPLICABLE TO TAXPAYERS UNDER THE PAYE.

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…

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November 5, 2020 In Commercial Practice, Criminal Law

BRAVO, AS CHARTERED INSTITUTE OF TAXATION OF NIGERIA – CITN GETS NEW LOGO

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…

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September 10, 2020 In Commercial Practice, Criminal Law

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…

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