Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji says foreign shipping companies lifting crude oil from Nigeria must comply with the country's tax laws(FIRS), Zacch Adedeji has charged non-domestic companies shipping crude oil from Nigeria to ensure strict compliance with the country’s tax laws in their operations. He directed them to ensure that they complied by regularising their tax documents latest by 31 December, 2023.
Mr Adedeji gave the charge in Lagos at a workshop on taxation of non-resident shipping companies organised by FIRS in conjunction with Oil Producers Trade Section (OPTS) on Monday. He said the tax compliance exercise commenced by FIRS on the activities of foreign shipping companies lifting hydrocarbons from Nigeria was part of measures aimed at widening the tax net in order to grow revenue for the governmen