Section 82 Nigeria Tax Administration Act 2025

Section 82 of the Nigeria Tax Administration Act 2025 is about Transfer of tax revenue for refund. It provides as follows:

(1) The relevant tax authority, shall, not later than seven days after the end of each month, furnish the Accountant-General of the Federation or Accountant-General of the State with the schedules containing the summary of taxes collected, and tax refund claims.

(2) Notwithstanding the provisions of any other law, the Accountant-General of the Federation or of a State shall, before the distribution of tax revenue, deduct an amount equal to the total tax refund claims compiled by the relevant tax authority from the gross revenue realised from tax and remit same to the respective tax refund accounts opened under section 55(4) of this Act.

(3) The relevant tax authority shall, not later than seven days after the end of each month, submit to the Accountant-General of the Federation or of a State, a reconciliation schedule of –
(a) the amount received into the tax refund accounts ;

(b) the total tax refund claims paid ; and
(c) any amount standing to the credit of the respective Tax Refund Accounts.

(4) The Accountant-General of Federation or of a State may use the amount standing to the credit of a tax refund account at the end of a month to reduce the amount required for tax refund claims in a subsequent month.

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