Nigeria: Joint tax audit and investigation team (Lagos State)

A memorandum of understanding to establish a joint FIRS and LIRS audit and investigation team was signed

Joint tax audit and investigation team

The Federal Inland Revenue Service (FIRS) and Lagos Internal Revenue Service (LIRS) signed a memorandum of understanding to establish a joint FIRS and LIRS audit and investigation team. 

The joint team aims to foster collaboration between the two tax authorities and address the issue of duplication of tax on any selected taxpayer, improve exchange of information only for tax assessments, collections, and recovery purposes, and facilitate staff capacity development. The joint team will also assist FIRS and LIRS to build a reliable and updated database on corporate and high net worth taxpayers.

Read a March 2023 report [PDF 573 KB] prepared by the KPMG member firm in Nigeria

 

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