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FIRS ISSUES’ CLARIFICATION CIRCULARS ON FINANCE ACT

FIRS ISSUES’ CLARIFICATION CIRCULARS ON FINANCE ACT

It is no longer news that the Finance Act 2019 amended seven (7) tax legislations. In a bid to provide clarification to some ambiguous provisions of the Finance Act and the modalities for its application, the Federal Inland Revenue Service (“FIRS”) issued a series of...