Introduction Tax waivers have long been a subject of debate in Nigeria, where they play a significant role in shaping the economic landscape. These incentives, including pioneer status incentives, export incentives, and rural location incentives, are designed to bolster local businesses and attract foreign investment. While they aim to stimulate industrialization and productivity, they also […]

Introduction The Tax Appeal Tribunal (TAT) in Nigeria requires an aggrieved taxpayer to deposit 50% of the disputed tax amount into a designated account as security for the prosecution of a tax appeal. This practice stems from the provisions of paragraph 15(7) of the Fifth Schedule to the Federal Inland Revenue Service (Establishment) Act, 2007