Income Tax (Common Reporting Standard) Regulations, 2019
September 19, 2019
The Federal Inland Revenue Service (“FIRS” or “the Service”) recently issued the Income Tax (Common Reporting Standard) Regulations, 2019 (“The Regulations”) in accordance with the provisions of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (AEOI), signed by the Federal Republic of Nigeria in 2017; Common Reporting Standard (“CRS”) and its Commentaries (“CRS Commentaries).