FIRS Establishes Large Tax Office (Non-oil) in Apapa

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Friday, May 22, 2020  09:20 PM / by KPMG Nigeria/ Header Image Credit:  Businessday


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The Federal Inland Revenue Service (FIRS) has announced the establishment of a Large Tax Office (LTO) (Non-Oil) in Apapa, Lagos ("Apapa LTO") to promote voluntary compliance and ease of paying taxes.

 

The Apapa LTO, located at No. 22 Warehouse Road, Apapa, will  effective from 15 May 2020 cater for the following categories of taxpayers whose revenues exceed N2 billion:

 

  • All domestic aviation companies in Lagos
  • All construction companies in Lagos
  • All domestic shipping companies in Lagos
  • All logistics, haulage and transportation companies in Lagos
  • All concessionaires at the Lagos ports

 

Consequently, affected taxpayers are required to file all their tax returns and correspondence at the Apapa LTO.

 

Comments

 

We commend the FIRS for its various efforts to improve the ease of tax compliance particularly by establishing tax offices closer to businesses.

 

However, while Apapa LTO will provide a relief for businesses based in Apapa, the reverse will be the case for domestic aviation companies based mainly in Ikeja, Lagos that would be better served by the Ikeja LTO.


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