Nigeria:
Sole Risk And Marginal Field Operators Are Now Required To File CIT Returns And Compute PPT According To Equity Interest
07 October 2014
PwC Nigeria
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The Federal Inland Revenue Service (FIRS) held a stakeholder
meeting on 19 September 2014 to sensitise Sole Risk and
Marginal Field operators on tax compliance and transfer pricing
issues. Returns under the Companies Income Tax Act are now
required in addition to Petroleum Profit Tax returns which are to
be based on equity interest rather than economic interest.
Read our tax alert uploaded below for further insights.
Download PwC Tax Alert - Sole Risk and Marginal Field Tax
Returns_Sep 2014
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