Overview

The Federal Inland Revenue Service (Establishment) Act, 2007 is a Nigerian law that establishes the Federal Inland Revenue Service (FIRS) as the primary agency for the assessment, collection, and accounting of federal revenues. The Act creates a Management Board to oversee the Service, defines its powers and functions, and provides for tax administration, enforcement, offences, and penalties. It also establishes a Tax Appeal Tribunal for dispute resolution. The Act repeals Part I of the Companies Income Tax Act (Cap. 60 LFN, 1990) and includes transitional provisions for staff and existing matters.

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