Nigeria Provides Further Extension of Penalty Relief for Outstanding Tax Debts

Nigeria's Federal Inland Revenue Service (FIRS) has issued a release announcing a further extension of the penalty relief in response to COVID-19. The relief was provided in respect of tax arrears that arises as a result of a desk review, tax audit, or investigation, and included a waiver of interest and penalties as long as the outstanding tax debt was paid in full by 31 May 2020, which was s…
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