Firs information circular no. 2009
WebJul 13, 2024 · The circular withdraws and replaces FIRS Information Circular No. 2024/09 of 21st October 2024. The circular aims to provide insight on the application of the Nigerian tax laws and tax treaties to non-residents (individuals or corporate) and the extent of their liability to Nigerian taxes, as well as their compliance and tax remittance obligations. WebINFORMATION NO: 9801 CIRCULAR Date: 1st October,1998 SUBJECT: Explanatory Notes on the Application of Withholding Tax ... Federal Inland Revenue Service, Plot 522, Sokode Crescent, Wuse Zone 5, Abuja. Tel: 09-5236611 Fax: 09-5236612 Fax: 09-5236597. OR The Director Collection,
Firs information circular no. 2009
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WebDec 4, 2024 · The FIRS also issued an Information Circular No: 2024/03 (the Circular) with specific guidelines on TP documentation requirements in Nigeria for the benefit of all relevant stakeholders. Details. Public Notice on the TP Regulations. The PN reiterates that the commencement date of the TP Regulations is 12 March 2024. However, the FIRS … WebThis circular which supersedes FIRS Information Circular 9503 of July 1st 1995 provides guidelines on the application of Companies Income Tax, Withholding Tax, Value Added Tax and Capital Gains Tax provisions to Leases. It is to draw attention of the general public, especially Leasing Companies, Banks, Insurance Companies, Finance
WebIn line with Section 8 of Federal Inland Revenue Service (Establishment) Act 2007, Federal I nland Revenue Service (FIRS) is issuing this information circular to provide direction to all R ... INFORMATION CIRCULAR IMD … WebMay 19, 2024 · For instance, the Information Circular on Value Added Tax provides the FIRS’ position on the rate of tax and associated transitional issues. Based on the …
WebMar 25, 2024 · The Federal Inland Revenue Service (information circular No. 2006/02) states that Withholding Tax is an advance payment of income tax; in principle, however, Withholding tax (WHT) is a payment on account of the ultimate income tax liability of the taxpayer or company. For emphasis, WHT is not a type of tax on its own WebFeb 23, 2024 · Share sensitive information only on official, secure websites. Menu. Topics. Topics. Topics. Border Security. Citizenship and Immigration. Cybersecurity. Disasters. …
WebThe Circular, which replaces the FIRS Information Circular No. 2024/05 issued on 3 June 2024, retains the clarifications on available tax treaty benefits provided in the erstwhile Circular, and introduces additional information on the new applicable WHT rates, requirements for permanent establishments (PE) in Nigeria, and guidelines for the ...
WebThe Federal Inland Revenue Service (“FIRS”) has issued information circulars and guidelines intended to provide clarification to all stakeholders and provide insight into ... The circular withdraws and replaces FIRS Information Circular No. 2024/09 of 21st October 2024. The circular aims to provide insight on the application of the Nigerian hoover spinscrub 50 upholsteryWebNo. 2010/01 Date of Publication: 12th April, 2010. GUIDELINES ON THE TAX IMPLICATIONS OF LEASING This Circular is issued pursuant to: Section 8 (1) (c) of the FIRS Establishment Act 2007 Section 80 of the Companies Income Tax Act (Cap C.21, LFN 2004); Paragraph 18 of the Second Schedule of Companies Income Tax Act (Cap C.21, … hoover spinscrub 60 manual pdfWebJul 30, 2024 · The FIRS’ Information Circular No. 2024/02 (“the Circular” or “the FIRS Circular”) replaces Information Circular No. 2024/11 of June 2024 and provides updated guidance on the implementation of sundry provisions of Finance Act, 2024 as it relates to CIT Act. We have highlighted the key updates to the Circular below: 2.1. longitudinal wave vs transverse wave diagramWebMay 11, 2024 · Summary. On 9 May 2024, the Federal Inland Revenue Service (FIRS or "the Service") issued a Public Notice to all taxpayers, tax consultants and the general public requiring companies that enjoyed capital allowances on Qualifying Capital Expenditure (QCE) of ₦500,000 (and above), between 2016 and 2024 years of assessment, to … hoover spinscrub 50 replacement partsWebAccording to the FIRS, the issuance of the Public Notice is in furtherance of the directive contained in the Companies Income Tax (Rates, etc. Deduction at Source (Withholding … hoover spinscrub 60 instructionsWebMay 3, 2024 · In view of the above, the Federal Inland Revenue Service (“FIRS”) on 31st March, 2024 issued Information Circular No. 2024/04 and titled “Value Added Tax (VAT) on Services of Financial Institutions” (the “FIRS Circular”) which clarifies the position on chargeability of VAT on services rendered by financial institutions. longitudinal wave velocityWebJun 12, 2024 · That the directive contained in the FIRS Information Circular No. 02/2007 mandating all Companies operating in the Oil & Gas Sector to deduct VAT at source and remit same to FIRS in line with the … longitudinal wave worksheet answer key