Taxation Law

David C. Maduka & Co. (Beacon Chambers) provides comprehensive, strategic tax advisory and controversy representation to corporate organizations, multinational companies, and high-net-worth individuals navigating Nigeria's tax laws.

Our tax practice covers all aspects of domestic and international taxation, ensuring client compliance while legally optimizing their tax liabilities under the relevant finance acts. We represent clients during audits, investigations, and disputes with the Federal Inland Revenue Service (FIRS) and State Internal Revenue Services (SIRS), advocating vigorously before administrative tribunals and the Tax Appeal Tribunal (TAT).

Our Taxation Practice Areas

• Corporate Income Tax (CIT): Advising on corporate tax planning, deductions, tax incentives, pioneer status, and capital allowances under the Companies Income Tax Act (CITA).
• Value Added Tax (VAT) & WHT: Guiding businesses on VAT compliance, withholding tax structures, filing protocols, and exemptions.
• Personal Income Tax (PIT): Structuring employee compensation packages, PAYE compliance, and direct assessment filings for directors and individuals.
• Tax Controversy & Litigation: Representing clients in tax disputes, appealing assessments, and conducting litigation before the Tax Appeal Tribunal (TAT) and the Federal High Court.
• Capital Gains & Stamp Duties: Advising on transactional tax implications, asset disposals, restructuring tax liabilities, and stamp duty perfection for commercial documents.

Regulatory and Statutory Framework

We represent and guide clients through compliance requirements set by key regulatory bodies and statutes, including:

• Personal Income Tax Act (PITA), 1993
• Companies Income Tax Act (CITA), 1979
• Value Added Tax Act, 1993
• Capital Gains Tax Act, 1967
• Stamp Duties Act, 1939
• Federal Inland Revenue Service (Establishment) Act, 2007
• Finance Act, 2023
• e.t.c.