Nigeria:
FIRS Has Requested Parties To Production Sharing Contracts In The Petroleum Sector To Start Filing CIT Returns
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The Federal Inland Revenue Service (FIRS) held a workshop on 6
June 2014 to discuss specific tax issues affecting parties to a
Production Sharing Contract (PSC) in the upstream petroleum
industry. Specifically, the FIRS requested that parties to a PSC
start filing Companies Income Tax (CIT) returns.
See our tax alert below for details.
Download PwC Tax Alert - PSC and CIT
returns
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.
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