Tax audits
Tax Due Diligence
Review and computation of tax liabilities

As a result of the wave of reforms in the nation, the Tax authorities have commenced changes both at the Federal and State levels. Consequently, organizations need to equip themselves with new knowledge and best practices in Tax while formulating tax reduction strategies to reduce the incidence of Tax on them. This should be while ensuring full compliance with all relevant tax laws.

SIAO's Tax Department will provide support to Organizations in Nigeria in this regard through the provision of immediate access to Tax Advisory services provided by skilled negotiators who understand the complexities of the industry. These services include:

Corporate Tax Practice

The purpose of this service is to work with our clients to minimize their tax liability while ensuring compliance with relevant tax laws. A clear understanding of clients' broad objectives is required in order to identify and implement tax strategies that are well suited to clients' operations.

Aspects of this service would include but not be limited to the following:

Preparation of Tax Computations for submission to Federal Inland Revenue Service.

Agreeing the accounts and tax computations with the FIRS on behalf of your company and securing Tax Clearance Certificates.

Attending to ensuing queries on audited reports and lodging objections against incorrect assessments.

Advice on the recent integration of the Company Income Tax, VAT and Withholding Tax departments of
the FIRS and its impact on your business.

Advice on the Taxation implication of contracts with non-resident companies which our clients may plan to enter into.