Africa Tax Desk

Nigeria's Transfer Pricing Returns & CbCR Notifications - Migration from E-TP Plat to Tax Promax

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The recent transition of the filing of Transfer Pricing (TP) Returns (TP Declaration & TP Disclosure) and Country-By-Country Reporting Notification in Nigeria from the E-TP Platform to the Tax Promax Platform marks a significant development.

This migration is anticipated to bring about notable improvements in the functionality and capabilities of Tax Promax, potentially positioning it as the primary tax platform of the Federal Inland Revenue Service (FIRS). 

This shift is expected to streamline tax processes and enhance the overall efficiency of tax administration in Nigeria. Tax Promax has proven to be a reliable and versatile platform for managing various tax processes, and consolidating them into a single system. 

For additional insights, please download Grant Thornton's comprehensive report on Nigeria.