Subsequent to our recent tax alert on the ongoing tax amnesty, we have received further update from the FIRS regarding eligibility for the waiver.

The initial position of the FIRS that the amnesty was applicable only to taxpayers who have been audited and issued assessments has now been revised to cover voluntary disclosures and self assessments. This revised position is more consistent with the content of the FIRS Public Notice on the subject matter and the general intent of a tax amnesty.

Prior to seeking our initial clarification, some FIRS officials in various offices had informed us that the amnesty was only applicable to taxpayers who have assessments from FIRS, and this was specifically confirmed by the Office of the FIRS Chairman.

In view of the latest update, taxpayers who wish to make voluntarily disclosure should go ahead provided that all other conditions stated in the FIRS Public Notice and articulated in our tax alert have been met. The position of the FIRS on other issues relating to the amnesty remain unchanged at this time.

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.