Nigeria postpones CRS Reporting Deadline

On 20 April 2020, the Federal Inland Revenue Service (“FIRS”) in Nigeria, on the FIRS official twitter page, issued “COVID-19: Further Palliative Measures No 4: Extension of AEOI-CRS Reporting Dateline for Financial Institutions” (Link).

As a result of the ongoing impacts of COVID-19, the deadline for submitting 2019 information under the Common Reporting Standard (“CRS”) has been extended to 30 September 2020.

For more information on Automatic Exchange of Information (“AEOI”) in Nigeria please check PwC Nigeria’s tax blog regularly (Link).

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