Understanding the Impact of FIRS Waiver on Outstanding Tax Liabilities.
The announcement by the Federal Inland Revenue Service (FIRS) regarding the one-month full waiver of penalty and interest on outstanding tax liabilities garnered significant attention. This waiver, contingent on full payment of the outstanding principal liability by December 31, 2023, marked a pivotal moment for taxpayers and the tax administration system in Nigeria. Overview of […]
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