The Primus Grace team integrates innovative tax structuring expertise with the highest quality advisory skills to give clients a comprehensive tax advisory service that covers all aspects of transactional tax matters including but not limited to:

  • Transfer Pricing including but not limited to related party transactions, comparability, arm’s length transactions, amongst others;
  • Value Added Tax;
  • Companies Income Tax;
  • Petroleum Profits Tax;
  • Personal Income Tax;
  • Withholding tax;
  • Sales tax, rates and levies imposed by state and local governments in Nigeria.

 

Recent tax advisory services include advising on tax issues arising from transfer pricing obligations arising from the Income Tax (Transfer Pricing) Regulations 2018, acquisition, takeover, financing of energy related projects, and reinsurance business.

 

Our tax advisory services also cover our areas of expertise including tax issues arising from:

  • M&A and joint ventures;
  • Restructurings;
  • Real estate and investment funds;
  • Tax based and structured finance; and
  • Capital raising.

 

Our tax experts regularly advise on all aspects of transactional tax matters including:

  • corporate and finance transactions (asset sales inclusive);
  • divestitures;
  • debt financing;
  • tax-related litigation; and
  • general corporate tax matters.

 

In tax disputes, Primus Grace contentious tax team has a great reputation for its creative approach to tax litigation before the Tax Appeal Tribunals and (appellate) courts vested with jurisdiction to entertain tax appeals.

 

The Primus Grace Tax Team is ever happy to look through relevant draft agreements and provide our opinion on possible tax exposures, identify the relevant tax implications from a Nigerian tax perspective, and recommend ways to mitigate the relevant tax risks.

 

Given that tax comes to play in virtually all facets of business, it is important that tax advice is sought long before such business transactions are entered into. While we are aware that tax planning is best developed in advance, we understand, nonetheless, that our Clients may have undertaken certain transactions without (any) proper tax planning.

 

As such, our tax experts are ever ready to discuss with our Clients, transactions or deals might have undertaken but about which our Clients are uncertain of the tax implications from a Nigerian tax perspective. Our tax experts and specialists ever willing to identify the tax risks our Clients are likely to be exposed to and recommend ways to mitigate them.

 

The need to engage the services of tax specialists who can help mitigate our Clients’ exposure becomes more pressing giving the recent body language of the Federal Inland Revenue Service (FIRS) and other tax authorities in different states in Nigeria.