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  • April 5, 2022
    International Tax Blog

    Nigeria Revenue Authority reinstate the filing of CbC reports

    11:42 am ByCarpus Tax Services InAfrica Tax Updates
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    FIRS issued a public notice in January 2022 withdrawing the public notice 6/05/21 and reinstating the filing of CbC reports. Learn more here.

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  • January 12, 2022
    International Tax Blog

    Nigeria resumes CbC report for local filing for Non-Parent Entities

    9:56 am ByCarpus Tax Services InAfrica Tax Updates
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    On 4 January 2022, Nigeria announced the resumption of CbC report local filing for Non-Parent Entities. Click here to learn more.

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  • December 9, 2021
    International Tax Blog

    Nigeria extends deadline for waiver of interest and penalties on outstanding tax liabilities

    9:53 am ByCarpus Tax Services InAfrica Tax Updates
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    The Nigerian Revenue Authorities extends the deadline for waiver of interest and penalties on outstanding tax liabilities by 1 month.  Learn more here.

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  • October 12, 2021
    International Tax Blog

    Nigeria: The 2022 Budget

    4:44 am ByCarpus Tax Services InAfrica Tax Updates
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    On 7 October 2021, His Excellency, President Muhammadu Buhari, presented the 2022 Federal Budget Proposal to the National Assembly of Nigeria. The Nigerian Budget theme for 2022 is a “Budget of Economic Growth and Sustainability”. Read more here.

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  • August 20, 2021
    International Tax Blog

    Nigeria Tech Tax: A NITD Act Summary and Comparison to the Leaked Bill

    7:05 am ByCarpus Tax Services InAfrica Tax Updates
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    A few days ago, a leaked bill amending the National Information Technology Development Agency Act 2007 started to circulate in Nigeria. This alleged bill imposes a new levy for tech, digital startups and other related companies. In this article, we summarise the modalities of the National Information Technology Levy and the potential changes according to the Aug 2021 leaked bill. Click here to read more.

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  • April 29, 2021
    International Tax Blog

    Nigeria: Compulsory Filing of Income Tax Returns for Companies Operating in Free Trade Zones

    5:10 am ByCarpus Tax Services InAfrica Tax Updates
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    Nigeria’s Tax Authority issued a public notice on 1 April informing all approved enterprises operating within Nigeria’s Free Trade Zones of their duty to file income tax returns as from 2021 and compute and pay any income tax due. We also cover the special filing arrangements set up for FZEs. Learn more in our article.

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  • April 20, 2021
    International Tax Blog

    Nigeria Announces Deployment of Automated Tax Administration Solution

    6:06 am ByCarpus Tax Services InAfrica Tax Updates
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    The Nigerian Tax authority, the Federal Inland Revenue Authority announced the deployment of their new automated tax administration system. Click here for more info.

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  • Africa Tax Updates (121)
  • Middle East Tax Updates (10)
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  • The instructor was very engaging, explained each topic with great clarity, humor and accuracy. He went at a perfect pace for both the beginners and those with previous knowledge. Also considering the challenges virtual learning has, I think Mr. Deven really excelled at keeping everyone engaged and kept active participation in the class. The virtual learning experience was very well set up. The delivery of the content was engaging, and I really appreciate the format of showing how to model different concepts/scenarios, clearly showing formulas so that it can be easily understood by any participant.

    NISHA DINNARAM

    Financial Accountant

    NISHA DINNARAM