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Nigeria Provides Full Waiver of Penalties and Interest on All Outstanding Tax Liabilities if Paid by the End of the Year

07 December 2023

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Approved Changes

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Nigeria

Nigeria's Federal Inland Revenue Service (FIRS) issued a public notice via X (formerly Twitter) on 3 December 2023 announcing a full waiver of penalties and interest on all outstanding tax liabilities. The waiver is subject to the full settlement of the outstanding principal on or before 31 December 2023. Where the outstanding liability remains fully or partially unpaid after this date, the full penalty and interest will be reinstated.