As a Tax law firm in Nigeria, we assist with negotiating and contesting tax disputes with the regulatory tax authorities, particularly complex tax issues.
The OAL Tax Practice Group offers Tax Strategy Advisory, Tax Compliance Advisory, and Tax Litigation services. We advise corporate and individual Clients on various Tax related matters, including Income Tax, Value Added Tax, Petroleum Tax, Capital Gains Tax, International Tax.
The OAL Tax Practice comprises chartered tax practitioners who are lawyers. We understand the importance of a viable tax strategy in relation to financial decisions; the tax implications of transactions, and the various tax incentives and exemptions available to each sector of the economy. The team advises on technical and legal aspects of all tax issues, regulatory changes, and offer solutions tailored to effectively resolve the Client’s tax issues.
We also assist with negotiating and contesting tax disputes with the regulatory tax authorities, particularly complex tax issues in unsettled areas of tax law. The OAL Tax Practice represents clients at the Tax Appeal Tribunal and Appeals.
OAL recently represented 2 major oil and gas companies in challenging the Federal Inland Revenue Service (FIRS), the appointment of the Clients’ bankers, as collecting agents to collect alleged outstanding tax liability from the Clients’ accounts with the Banks and restrict the Clients’ access to their bank accounts, without an order of Court. Following engagement and discussions with the FIRS, the bank accounts were unblocked.