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TAXATION & COMPLIANCE

This section explains how taxation works in Nigeria. Learn how to file your taxes, understand FIRS, NRS and state tax systems, and stay compliant. Ask questions and get clear answers to avoid costly mistakes.

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Fokona Community
Fokona CommunityCommunity Desk
Asked: May 16, 2026In: TAXATION & COMPLIANCE

Does FIRS Tax a Holding Company as One Group in Nigeria or Tax Each Subsidiary Separately?

Hi IKing Ferry, Please I need more clarification about how tax works for holding companies and group structures in Nigeria. For example, if somebody owns a holding company with multiple subsidiaries under it, does FIRS now NRS calculate the tax ...Read more

company income taxpit in nigeriatax in nigeriataxation
2
  • 1
  • 2 2 Answers
Shadrach
Shadrach
Asked: May 1, 2026In: TAXATION & COMPLIANCE

When is a newly registered company in Nigeria (July 2025) required to start filing tax returns with FIRS?

A welder who registered as a company since July 2025, when is it due to file my tax and how do I go about it? Thanks

company tax filing nigeriacompany tax rules nigeriatax deadline nigeria
2
  • 0
  • 2 2 Answers
Emmanuel
Emmanuel
Asked: April 22, 2026In: TAXATION & COMPLIANCE

How can a civil servant file personal income tax with FIRS in Nigeria?

Please I want to know how to file a tax by civil servant Thanks

tax
3
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  • 3 3 Answers
Miebakagh
Miebakagh
Asked: April 8, 2026In: TAXATION & COMPLIANCE

Does Tax Deadline Apply to All States in Nigeria?

How far is the taxe Deadline apply to other States, for example, Rivers State?

tax
2
  • 0
  • 2 2 Answers
kolawole owolabi
kolawole owolabi
Asked: April 26, 2026In: TAXATION & COMPLIANCE

Do companies in Nigeria pay 30% Company Income Tax on money market mutual fund investments through a corporate brokerage account?

Good evening Mr ferry please I have a question bothering me I will need your advice on this.. do I pay any other tax if I use my cooperate brokerage account to invest in money market mutual fund …I heard ...Read more

tax
1
  • 0
  • 1 1 Answer
Rephaiah
Rephaiah
Asked: April 23, 2026In: TAXATION & COMPLIANCE

How Are Stock Investment Profits Taxed in Nigeria? Do Brokers Deduct Taxes or Do Investors Pay?

Please kindly explain in details how taxes on shares profits are paid, are they being deducted directly by the stock brokers or the individual or company do the payment by themselves

tax
2
  • 1
  • 2 2 Answers
Juliet
Juliet
Asked: April 22, 2026In: TAXATION & COMPLIANCE

At what income level are individuals required to start paying tax in Nigeria under the new tax rules?

Please, according to the new tax law, how much must an individual/company make in order to be able to pay tax?

firs regulationsincome taxnigeria taxation
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  • 2 2 Answers
Anonymous
Anonymous
Asked: April 17, 2026In: TAXATION & COMPLIANCE

Why is my TaxProMax showing “Pending Payment” after Remita payment in Nigeria?

I recently completed a CIT/EDT payment via Remita for my company. While I have received the official FIRS Acknowledgement Receipt, the TaxProMax dashboard still reflects the status as “Pending Payment” and won’t clear the assessment. I’ve already tried re-logging and ...Read more

citfirs payment nigeriataxpromax
1
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  • 1 1 Answer
Anonymous
Anonymous
Asked: April 20, 2026In: TAXATION & COMPLIANCE

How can a corps member file personal tax in Enugu State, Nigeria?

I’m a corps member, How do I file my personal tax knowing full well that the allowance the government pay us is temporary?

enugupersonal income taxtax filling
1
  • 0
  • 1 1 Answer
Temitope Ogunji
Temitope Ogunji
Asked: April 18, 2026In: TAXATION & COMPLIANCE

How do I file Tax annual returns for my company in Nigeria for the first time?

Good day sir, I want to ask this question. Or better let me putit this way…How do I go about filling my annual returns? I haven’t done it since I registered my company

annual returnscompany income taxpersonal income taxtax filling
1
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  • 1 1 Answer
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