Olaniwun Ajayi LP

May 19, 2025

Analysis of the latest cases in Nigerian Taxation May 2025

Federal High Court Upholds TAT Decision in Relation to the Constitutionality of the Income Tax (Country-by-Country Reporting) Regulation 2018

On 5 May 2025, the Federal High Court, Lagos Division, affirmed a Tax Appeal Tribunal decision that set aside administrative penalties the Federal Inland Revenue Service (FIRS) had imposed on...

February 17, 2022

TAT LAGOS SETTLES CONTROVERSY ON THE SCOPE OF STOCK-IN-TRADE FOR THE CLAIM OF INPUT VAT – CHI LTD V. FEDERAL INLAND REVENUE SERVICE

In what may be regarded as a breakthrough for players in the manufacturing sector in Nigeria, the Tax Appeal Tribunal provided clear parameters for the determination of “Stock in Trade”...

May 19, 2025

Analysis of the latest cases in Nigerian Taxation May 2025

Federal High Court Upholds TAT Decision in Relation to the Constitutionality of the Income Tax (Country-by-Country Reporting) Regulation 2018

On 5 May 2025, the Federal High Court, Lagos Division, affirmed a Tax Appeal Tribunal decision that set aside administrative penalties the Federal Inland Revenue Service (FIRS) had imposed on...

February 17, 2022

TAT LAGOS SETTLES CONTROVERSY ON THE SCOPE OF STOCK-IN-TRADE FOR THE CLAIM OF INPUT VAT – CHI LTD V. FEDERAL INLAND REVENUE SERVICE

In what may be regarded as a breakthrough for players in the manufacturing sector in Nigeria, the Tax Appeal Tribunal provided clear parameters for the determination of “Stock in Trade”...