Nigeria’s Federal Inland Revenue Services (FIRS) issued an Information Circular (Public Notice) on 11 May 2022 that provides explanatory notes on the critical tax issues for the operation of a holding company structure in Nigeria. The Information Circular replaces a Circular issued in 2012 that provided explanatory notes focused on bank holding company structures. Considering subsequent requests for guidance on holding company structures in general, the latest explanatory notes have been issued.
Source Orbitax
