Section 101 Nigeria Tax Administration Act 2025

Section 101 of the Nigeria Tax Administration Act 2025 is about Failure to file returns. It provides as follows:

A taxable person who fails or refuses to file returns or knowingly files incomplete or inaccurate returns to the relevant tax authority in accordance with the provisions of this Act, shall be liable to pay an administrative penalty of –

(a) 100,000 in the first month in which the failure occurs ; and

(b) 50,000 for each subsequent month in which the failure continues.

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