lirs

  1. Lagos to Deduct 5% Withholding Tax on Gaming Winnings With Immediate Effect

    Nigeria Lagos to Deduct 5% Withholding Tax on Gaming Winnings With Immediate Effect

    The Digest: The Lagos State Government has commenced implementation of a five percent withholding tax (WHT) deduction on gaming winnings, applicable to net winnings from licensed gaming platforms operating within the state. In a newspaper advert, Lagos State Lotteries and Gaming Authority CEO...
  2. LIRS Clarifies Tax Collection Powers, Denies Direct Bank Account Access Without Due Process

    Nigeria LIRS Clarifies Tax Collection Powers, Denies Direct Bank Account Access Without Due Process

    The Digest: Lagos State Internal Revenue Service Chairman Ayodele Subair has refuted claims that the agency will directly withdraw unpaid taxes from residents’ bank accounts without due process. Speaking on Arise TV, Subair clarified that the “power of substitution” referenced in a recent...
  3. Lagos Tax Authority Orders Banks, Employers to Pay Taxes Owed by Defaulters

    Nigeria Lagos Tax Authority Orders Banks, Employers to Pay Taxes Owed by Defaulters

    The Digest: The Lagos State Internal Revenue Service has invoked its legal authority to issue "substitution notices," directing third parties like banks, employers, and tenants to remit taxes owed by identified defaulters directly from funds held or owed to them. Using powers under the Nigeria...
  4. LIRS Sets January 31 Deadline for 2025 Annual Tax Returns in Lagos

    Nigeria LIRS Sets January 31 Deadline for 2025 Annual Tax Returns in Lagos

    The Digest: The Lagos State Internal Revenue Service has reaffirmed the January 31, 2026, deadline for employers to file their annual tax returns, a routine yet firm reminder of the steady, pressing flow of civic obligation in the state’s economic landscape. Key Points: Employers in Lagos...
  5. LIRS Seals Ikeja Shoprite Over Alleged Tax Non-Compliance

    Nigeria LIRS Seals Ikeja Shoprite Over Alleged Tax Non-Compliance

    The Digest: The Lagos State Internal Revenue Service has sealed the Shoprite outlet at Ikeja City Mall over alleged failure to meet tax obligations, invoking penalties under the Personal Income Tax Act. The enforcement action comes as the retailer, now under Nigerian ownership, continues to...
  6. LIRS Seals Shoprite Lekki Over Alleged Tax Default

    Nigeria LIRS Seals Shoprite Lekki Over Alleged Tax Default

    The Digest: The Lagos State Internal Revenue Service (LIRS) has sealed the prominent Shoprite outlet at The Palms Mall in Lekki over alleged tax violations. The action highlights the state's intensified drive to recover revenues and enforce compliance, even against major retail players. Key...
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