ARTICLE
9 June 2016

Any Tax Assessment That Is Not In Line With The Law Cannot Be Final And Conclusive

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PwC Nigeria

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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.
In Star Deep Water Petroleum Ltd v. Lagos State Internal Revenue Service, the Tax Appeal Tribunal (TAT) Lagos division held that an assessment that is not compliant with the law cannot become final and conclusive.
Nigeria Tax

In Star Deep Water Petroleum Ltd v. Lagos State Internal Revenue Service, the Tax Appeal Tribunal (TAT) Lagos division held that an assessment that is not compliant with the law cannot become final and conclusive.

The TAT also held that Regulation 2(2) of the PAYE Regulations which requires a 'manager' to act in place of an employer by furnishing the relevant tax authorities with employees' emoluments, deducting and remitting tax do not apply where the manager is not the one paying the employees' emoluments.

Read our alert for further insights Download PwC Tax Alert_Assessments not in line with the law cannot be final & conclusive

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