The Nigerian Federal Inland Revenue Services (FIRS) are sending letters alleging that certain named vessels have traded to Nigeria between 2010-2019 and have not filed Companies Income Tax (CIT) returns nor paid taxes to the Nigerian government.
Members are advised to be alert to the possibility of receiving letters from the FIRS which considers non-payment of the demands to be classified as tax evasion and a criminal offence.
View latest information on sanctions surrounding Ukraine and Russia, including model sanctions clauses, due diligence questionnaires and model process and the latest set of sanctions requirements
Article - Net zero emissions
Greenhouse gas emissions reduction
View the latest information and developments including the IMO Initial Strategy for GHG emissions reduction from shipping