PwC Nigeria is one of the leading professional services ?rms in Nigeria with of?ces in Lagos, Abuja and Port Harcourt, with over 1,000 staff and 31 resident partners. We are committed to serving as a force for integrity, good sense and wise solutions to the problems facing businesses and the capital markets. We are guided by one promise – to do what is right, be it with our people, clients, community, or environment.
The FIRS has indicated that all concessions for waivers of
penalty and interest on outstanding tax liabilities will come to an
end by 31 December 2020. This implies that any unresolved or unpaid
tax liabilities arising from tax audits and other reviews by the
FIRS will attract applicable penalties and interest from January
2020.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.