Section 111 Nigeria Tax Administration Act 2025 Section 111 of the Nigeria Tax Administration Act 2025 is about Failure to disclose facts in a dutiable instrument. It provides as follows: A person that fails, neglects or omits to fully disclose all the facts and circumstances relating to dutiable instrument or underpays any duty is liable,…

Section 110 Nigeria Tax Administration Act 2025 Section 110 of the Nigeria Tax Administration Act 2025 is about Failure to stamp. It provides as follows: A person that fails to stamp dutiable instruments in accordance with the relevant provisions of the Nigeria Tax Act, 2025, is liable to pay 10% of the unpaid duty and…

Section 109 Nigeria Tax Administration Act 2025 Section 109 of the Nigeria Tax Administration Act 2025 is about Penalty for non-compliance by VASP. It provides as follows: Any VASP who fails to comply with the provisions of this Act shall be liable to an administrative penalty of 10,000,000 in the first month of default, plus…

Section 108 Nigeria Tax Administration Act 2025 Section 108 of the Nigeria Tax Administration Act 2025 is about Failure to attend to demands, request or notices. It provides as follows: (1) A person who –(a) fails to comply with the requirements of a notice served under this Act or any other tax law ; (b)…

Section 107 Nigeria Tax Administration Act 2025 Section 107 of the Nigeria Tax Administration Act 2025 is about Failure to remit tax deducted at source or self-account. It provides as follows: (1) A person, that deducts, collects or withholds any tax under this Act, and fails to remit the amount deducted, collected or withheld by…

Section 106 Nigeria Tax Administration Act 2025 Section 106 of the Nigeria Tax Administration Act 2025 is about Failure to make attribution. It provides as follows: A person who is required to make attribution but fails to do so or having done so, fails to notify the relevant tax authority, is liable to pay an…

Section 105 Nigeria Tax Administration Act 2025 Section 105 of the Nigeria Tax Administration Act 2025 is about Failure to deduct tax. It provides as follows: A person who has an obligation to collect, deduct or withhold tax under the relevant tax laws, and fails to collect, deduct or withhold the tax due is liable…

Section 104 Nigeria Tax Administration Act 2025 Section 104 of the Nigeria Tax Administration Act 2025 is about Failure to use fiscalisation system. It provides as follows: A taxable person that fails to process a taxable supply through the fiscalisation system is liable to an administrative penalty of 200,000 plus 100% of the tax due…

Section 103 Nigeria Tax Administration Act 2025 Section 103 of the Nigeria Tax Administration Act 2025 is about Failure to grant access for the deployment of technology. It provides as follows: A person who refuses to grant access to the relevant tax authority to deploy technology after 30 days of receipt of the notice under…

Section 102 Nigeria Tax Administration Act 2025 Section 102 of the Nigeria Tax Administration Act 2025 is about Failure to keep books. It provides as follows: A taxable person who –(a) fails to keep accounts, books and records of business transactions and income, to allow for the correct ascertainment of tax and filing of returns…