Tax Appeal Tribunal Rules on Dis-allowable Expenses in Determination of Companies’ Assessable Profits and Regulations

The Tax Appeal Tribunal, on 28 February 2020, delivered a judgment in the case of Tetra Pak West Africa Ltd (“Tetra Pak” or “the Appellant”) against the Federal Inland Revenue Service (FIRS), pronouncing on the deductibility of expenses incurred by the Appellant towards payment of school fees of expatriate staff’s dependents,...

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