ARTICLE
22 April 2014

Update On VAT Filing: A New Directive From The FIRS

PN
PwC Nigeria

Contributor

PwC Nigeria logo
PwC Nigeria is one of the leading professional services ?rms in Nigeria with of?ces in Lagos, Abuja and Port Harcourt, with over 1,000 staff and 31 resident partners. We are committed to serving as a force for integrity, good sense and wise solutions to the problems facing businesses and the capital markets. We are guided by one promise – to do what is right, be it with our people, clients, community, or environment.
FIRS has issued letters to taxpayers to start submiting schedules along with their VAT returns showing the VAT attributable to their different branches.
Nigeria Tax

The Federal Inland Revenue Service ("FIRS") has issued letters to taxpayers to start submiting schedules along with their VAT returns showing the VAT attributable to their different branches. We understand that the directive from the FIRS is meant to elicit relevant information regarding the derivation of VAT revenue from the different states and local government councils in Nigeria for revenue sharing purposes.

Read our Tax Alert attached below to see how this may affect you.

Download VAT on branches - Tax alert

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More