Legal Alerts
October 17, 2019

Federal High Court Holds that it is Unconstitutional for FIRS to Collect VAT in Hotels, Restaurants and Event Centres and Upholds Consumption Tax

1. Introduction On 3rd October 2019, the Federal High Court sitting in Lagos in The Registered Trustees of Hotel Owners […]
September 6, 2019

Profit From Sale Of Long Term Money Instruments Not Held To Maturity Is Subject To Tax

Introduction On 5th July 2019, in FIRS v. Citibank Nigeria Limited (CA/L/566/2017), the Court of Appeal held that profits from […]
June 28, 2019

Court Of Appeal Holds That The Recipients Of Intangible Imported Services Such As The Supply of Satellite Network Bandwidth Capacities Services Are Liable To Account For The Vat Arising From Such Transactions

Introduction On 24th June 2019, the Court of Appeal sitting in Lagos (in Appeal Number: CA/L/556/2018 between Vodacom Business Nigeria […]
June 24, 2019

Tax Appeal Tribunal Rules That Gratuities Are Not Taxable Under PITA

Introduction On 20th June 2019, the Tax Appeal Tribunal (TAT), South-East Zone (in Appeal Number: TAT/SEZ/002/2017 between Nigerian Breweries Plc […]
June 21, 2019

Tax Appeal Tribunal Rules That Voluntary Pension Contribution (VPC) Made By An Employee Is Tax Exempt And That An Employer Is Not Under Any Obligation To Ascertain Whether The VPC Meets The Five Years Requirement – In Treating The VPC As Tax Exempt

Introduction On 18th June 2019, the Tax Appeal Tribunal (TAT), Lagos (in Appeal Number: TAT/LZ/PIT/031/2018 between Nexen Petroleum Nigeria Limited […]
June 1, 2019

Tax Masters – Fundamentals of Taxation in Nigeria

Fundamentals of Taxation in Nigeria Tax Masters A Tax Academy focused on assisting individuals and corporate entities in having clear […]
May 21, 2019

Tax Appeal Tribunal Qualifies Its Decision In Weatherford Services S.D.E.R.L. V. FIRS: Interst And Penalty To Apply To Admitted Tax Liability From The Date The Tax Liability Ought To HAVE Been Paid

Introduction On 14th May 2019, the Tax Appeal Tribunal (TAT), Lagos (in Appeal Number: TAT/LZ/PIT/084/2014 – SNEPCO v. Lagos State Board […]
January 18, 2019

Court Of Appeal Holds That A Company Limited by Shares That Is Engaged In Educational Activities Is Not Exempted From Income Tax Under Section 23(1)(c) OF CITA

1. Introduction On 11th of December 2018, the Court of Appeal affirming the decision of the Federal High Court, in […]
December 4, 2018

High Court Holds that the TAT is the Proper and Only Venue to Commence an Action Challenging Any Tax Assessment Arising from the Personal Income Tax Act

1. Introduction On 13th November 2018, the High Court of Lagos State in LIRS v. Ecoserve Limited (Suit No.: LD/REV/239/2013), […]

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