FHC rules that FIRS does not need to justify the percentage of turnover applied in taxing a foreign company
The Federal High Court (FHC or “the Court�) Lagos Judicial Division has ruled, in the case between, BJ Pumping Services SA Panama (BJ Pumping or “the Company� or “the Appellant�) and the Federal Inland Revenue Service (FIRS or “the Respondent�), that the tax laws do not require the Federal Inland Revenue Service (FIRS) to justify the imposition of any particular percentage of turnover in taxing foreign companies.
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