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Transfer Pricing In Nigeria – Outlook For 2021 - Tax


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Recent developments in Nigeria including the impact of the
global COVID-19 pandemic on the economy, the urgent need for the
Federal Government (FG) to raise more tax revenue to help fund the
significant budget deficit and developments in the tax and Transfer
Pricing (TP) space have contributed in making TP one of the
riskiest areas in taxation in Nigeria.
Specifically, the release of the maiden TP judgment in Nigeria
between Prime Plastichem Nigeria Limited (PPNL) and the Federal
Inland Revenue Service (FIRS) [which resulted in a ₦1.7 ....

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