Nigeria: New Income Tax Law - Ernst &young Harps On Documentation Compliance

13 September 2018

Ernst and Young, EY, has emphasized the need for corporate entities to abide by the new income tax regulations, 2018, released by the Federal Inland Revenue Service (FIRS), as non-compliance attracts heavy penalty.

In order to avert penalty, EY stated that companies should ensure that they, not only prepare and file the required documents, but also do so accurately to avoid imposition of penalties.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.