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Nairametrics

Nigerian Establishes Special Unit For Tax Administration In Free Trade Zone

Nairametrics by Nairametrics
February 19, 2015
in Uncategorized
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The Oil & Gas Free Zone Authority (OGFZA) has established the Free Zones Tax Administration (FZTA) Unit with effect from January 2015 to streamline the administration of permissible taxes within the tax free zones.

 According to the OGFZA, this has become necessary to avoid unfriendly situations where various tax agencies relate directly with free zone enterprises often resulting in unending disputes. Going forward, all tax matters relating to the free zones will be coordinated by the FZTA.

Tags: News ReviewOIl and Gas News
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