Nigeria Issues Notice on Submission of CbC Notifications
On 17 September 2018, Nigeria's Federal Inland Revenue Service (FIRS) issued a public notice on the obligation to submit a notification pursuant to Regulation 6 of the Income Tax (Country by Country Reporting) Regulations 2018, which entered into force with effect from the accounting year beginning 1 January 2018. As per the Regulation, the public notice provides that any constituent entity of…
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