Limited Partnerships Under CAMA 2020

Limited partnerships are a form of business partnerships applicable in many jurisdictions all over the world. It is one of the innovations in the Companies and Allied Matters Act (CAMA) 2020. In this publication, we examine this new provision and what it means for the Nigerian business space. Download

The Role of Transfer Pricing In Tax Planning and Administration in Nigeria

TAX PLANNING AND TAX ADMINISTRATION Tax planning refers to an arrangement of a taxpayers’ business or financial dealings, in such a way that complete tax benefit can be availed by legitimate means, i.e. making use of all beneficial provisions and relaxations provided in the tax law, so that the incidence of the tax is minimum[i]. […]

FIRS creates special office for taxation of foreigners in Nigeria

The Federal Inland Revenue Service (FIRS) has, through a Public Notice (“the Notice“), announced the creation of a new tax office to exclusively attend to the tax affairs of non-resident persons in Nigeria. The Non-Resident Persons’ Tax Office (NRPTO) is located within the International Tax Department of FIRS in Ikoyi, Lagos. However, the office would […]