Processing of Pioneer Statutes for Five Years Tax Relief as stipulated by Industrial Inspectorate Act 53 of 1970, as amended; also, Company’s Income Tax Act 1979, as amended by CAP 21 of Law of Federation 2004 and 2007 respectively.
Federal Inland Revenue Service (FIRS) are expected to administer and collect 8 types of Taxes out of 39 Taxes as stipulated by Taxes and Levies (Approved List for Collection) Act 211 of 1998, amended now as Taxes Levies (Approved List for Collection) Act, Cap T2, LFN 2004 which are as follows:
- Companies Income Tax Act 1979, as amended by Cap 21 Law of Federation 2004 and Federal Inland Revenue Service (Establishment) Act 2007.
- Petroleum Profit Tax Act 1956, as amended by Cap 13 LFN 2004 (as amended) by Petroleum Profit Act 2007.
- Value Added Tax Act 102 of 1993, as amended by Cap 06 of Law of Federation 2004 and 2007 respectively.
- Withholding Tax Cap 60, Law of Federation 2004, as amended.
- Education Tax Act no. 3 of 1993
- Stamp Duty Act 1990, as amended by Law of Federation 2004.
- Capital Gain Tax Act No. 44 of 1967.
- National Information Technology Development Act Cap N51 LFN 2004 and 2007.
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