Comply with the Stamp Duty Act – FIRS

The Federal Inland Revenue Service (FIRS) has issued a public notice reminding taxpayers of their obligation to comply with the provisions of Section 4 (1) of the Stamp Duties Act Cap S8 (as amended).

The revenue collecting agency also reminded the public that it is the only competent authority to impose, charge and collect duties upon instruments specified in the schedule to the Act, if such instruments relate to matters executed between between a company and an individual, group or body of individuals .

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Powered by WordPress.com.

Up ↑

%d bloggers like this: