Section 112 Nigeria Tax Administration Act 2025

Section 112 of the Nigeria Tax Administration Act 2025 is about Failure to notify change of address. It provides as follows:

A taxable person who fails to notify the relevant tax authority of any change of address within 30 days of such change, gives a wrong address or fails to comply with the requirement for notification of permanent cessation of trade or business under the relevant tax laws shall be liable to administrative penalty of –

(a) 100,000 for the first month in which the failure occurs; and

(b) 5,000 for each subsequent month the failure continues.

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