by Felix | Jan 17, 2022 | pedabo-insights
FINANCE ACT 2021: WHAT HAS CHANGED?Download The President has signed the Finance Act 2021 (“the Act”) into law, the third of its kind since its re-introduction in 2019 to accompany the annual budgets. The Act, which is effective from 1 January 2022, introduces some...
by Felix | Sep 16, 2021 | pedabo-insights, Uncategorized
Value Added Tax: Rivers and Lagos State Governments Enact LawsDownload It is no longer news that the Federal High Court in AG Rivers State v. Federal Inland Revenue Service recently held that the competent body to regulate, assess and collect Value Added Tax (VAT), is...
by Felix | Aug 20, 2021 | pedabo-insights, Uncategorized
August 2021 NewsletterDownload Introduction The Federal High Court of Nigeria, sitting at Port-Harcourt in Rivers State (“the Court”) has recently delivered a judgment in case FHC/PH/CS/149/2020, between the Attorney General of Rivers State (“AG Rivers”) and Federal...
by Felix | Jul 9, 2021 | pedabo-insights, Uncategorized
July 2021 Newsletter (3)Download Introduction In the wake of several failed attempts, the Nigerian Legislature (both Senate and House of Representatives) on Thursday 1st July 2021, passed the Petroleum Industry Bill (PIB). It would be recalled that the PIB was first...
by Felix | Jul 8, 2021 | pedabo-insights, Uncategorized
July 2021 Newsletter (2)Download The Tax Appeal Tribunal (TAT) sitting in Lagos, has delivered a judgment in a matter between Citibank Nigeria Limited (“Citibank”) and Lagos State Internal Revenue Service (“LIRS”). The composition of gross income for the purpose of...
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