11th June, 2024
The Company Secretary/Legal Adviser
Asset & Resource Management Holding Company
1, Mekunwen Road,
Ikoyi,
Lagos
Dear Sir/Madam,
TAX LITIGATION/DISPUTE RESOLUTION SERVICES
We are pleased to introduce our Tax Litigation/Dispute
Resolution practice to your esteemed organization. We have
extensive experience advising domestic and international
corporations, financial institutions, government and regulatory
bodies in respect of sensitive, complex, high value and multi-
jurisdictional disputes that require fast and effective solutions.
Our team comprising a tax specialist Senior Advocate of Nigeria
and a Professor of Tax Law, who offers both dispute avoidance
and optimal risk management, ensuring that relevant counsel
and advice is obtained before any tax litigation process is
considered.
The team has acted in high level matters throughout Nigeria, in
the Tax Appeal Tribunal, High Court, Court of Appeal and the
Supreme Court.
What we offer
We act and advise on all aspects of tax litigation/dispute
resolution both prior to the commencement of the litigation
process and thereafter, including:
· representing clients in tax arbitrations and tax regulatory
authorities (both local and international).
· furnishing opinions to clients with regards to all aspects of tax
dispute resolution.
· representing clients in courts throughout Nigeria.
· representing clients in regulatory authorities and hearings
convened in terms of tax statutes.
· advising on and representing clients in tax settlement
negotiations.
· advising clients on alternate tax dispute resolution processes,
including mediation.
· assisting on tax administrative appeals in relation to decisions
by tax regulatory bodies, including reviews of such decisions.
· assisting with and representing clients in draft tax legislation
and regulations submissions.
· representing clients before the statutory ombudsmen of
various industries on tax issues.
· liaising with foreign legal counsel on behalf of clients in
relation to cross-border tax litigation and coordinating the
management of such matters.
Dedicated Service
You will enjoy the ultimate benefit of peace of mind from
receiving high quality services in the shortest possible time
frame with assurance that our approaches are both proactive and
fully compliant with Nigerian tax law.
Local Strength, Global Structure
Our in-depth understanding of the Nigerian legal system and the
risk associated with cross-border transactions improves your
commercial planning and helps you avoid costly surprises.
Our Approach
We approach tax law issues from your perspective. We consider
the context of your business and the industry in which it
operates. We look at circumstances today--and anticipate future
economic developments. By doing so, we help you make the best
decisions for your company right now and over the long term.
The right legal advice at the right time
We capitalise on our collective experience to provide you with
the timeliest, highest quality legal advice--taking the pressure
out of your most complex tax decisions. We assess your options,
consider the risks thoroughly and protect you from unwelcome
surprises when you engage in cross-border business through our
global network.
Single point of contact
Each of our client relationships is managed centrally by a senior
contact in the client's primary industry. This affords clients
access to highly specialized expertise from all areas of business
activity, coordinated personally through a single experienced
partner. By building relationships in this way, we are able to
deliver added value advice over time.
Sharing knowledge for your benefit
As part of our unique team approach, we collaborate and confer
regularly to share technical knowledge and exchange best
practices, constantly deepening our expertise to help the legal
team and dealmakers interpret and apply law. We capitalise on
our expertise to help relieve you of the pressures associated with
making complex commercial decisions.
Our Team
Professor M.T. Abdulrazaq, (SAN)
Senior Partner
Professor Muhammed Taofeeq ABDULRAZAQ is a Senior
Advocate of Nigeria (SAN), a Professor of Taxation, and a Senior
Partner of Probitas Partners LLP.
Taofeeq’s extensive knowledge in tax spans a period of over 40
years. His tax experience covers the full range of services in
Corporate Tax Advisory Services, Indirect Tax Services, Tax
Litigation Support Services and Tax Administration Reform and
Capacity Building. He has been involved in several litigations
and is variously cited by the Courts as an authority on Nigerian
tax law.
He was Partner / Regional Tax Leader, Ernst & Young (West
Africa) and had also worked at Deloitte as Director, Tax Services
and at PricewaterhouseCoopers (PwC) as Senior Tax Manager.
He had also been the Registrar and Chief Executive Officer of the
Chartered Institute of Taxation of Nigeria (CITN) and was a
member of the Value Added Tax (VAT) Tribunal.
He was Adjunct Professor and Pioneer Provost of the Chartered
Institute of Taxation of Nigeria (CITN) Academy and was the
Federal Inland Revenue Service (FIRS) Endowed Professor of
Tax Law at the Lagos State University (LASU).
Taofeeq is a Fellow of the Chartered Institute of Taxation of
Nigeria and the Chartered Institute of Bankers, London, U.K. A
Member of the Chartered Management Institute, (UK) and an
Associate Member of the Chartered Institute of Personnel
Management of Nigeria as well as the Nigerian Institute of
Management and the Chartered Institute of Arbitrators (UK). He
is a full member of the Society of Trust and Estate Practitioners
(UK) and holds the Trust and Estate Practitioner (TEP)
designation.
He earned his Bachelor of Laws (LL. B Hons) degree from
Ahmadu Bello University, Zaria, Nigeria, and attained a Master
of Laws (LL.M) in Tax from the prestigious London School of
Economics and Political Science (LSE), University of London. He
pursued advanced studies and obtained his Doctor of Philosophy
(Ph.D.) in Tax Law from Ahmadu Bello University, Zaria, Nigeria,
further deepening his expertise in taxation law.
‘Wale Irokosu
Managing Partner
‘Wale Irokosu is a seasoned litigator who combines a broad
practice in contentious and non-contentious commercial law. He
is a Notary Public and he is often retained for highly contentious
commercial law in various aspects of law including taxation,
insolvency, debt recovery, land, maritime, aviation, family and
succession.
With almost 2 decades’ post-call experience, ‘Wale is a co-
Founder/Managing Partner, Probitas Partners LLP. He is also the
Senior Partner, SQS Consulting (a tax advisory and strategy
Firm); and, a co-Founder/Director, SQS Publishing, and Editor-in-
Chief of Electricity Law Reports &’ Electricity Digest.
Wale leads the firm’s team of experts in the power industry. He
also supervises the Data Protection Compliance Practice of the
Firm. He is well experienced and versatile in power industry
issues and best practices in the United Kingdom and the United
States of America. Wale has advised extensively on different
power transactions and the regulatory issues affecting same in
Nigeria. Wale has negotiated and finalized different transactions
in the power industry.
‘Wale Irokosu holds a Master of Laws (LLM) degree in Maritime
Law from the University of Wales, Cardiff; a Bachelor of Laws
(LLB) from the University of Central England, Birmingham and is
an alumnus of the Nigerian Law School. He is a member of the
Institute of Directors (IoD); Associate Member, Institute of
Chartered Shipbrokers (ICS); Associate, Chartered Institute of
Arbitrators, UK; Member, Chartered Institute of Taxation,
amongst other associations.
Suleiman Salami Esq.
Associate Partner
Suleiman is a seasoned legal practitioner with extensive
experience in dispute resolution and commercial law. As an
associate partner in the firm, Suleiman has demonstrated a
commitment to providing exceptional legal services and fostering
positive client relationships. Suleiman's commitment to
excellence, innovative mindset, and comprehensive legal
expertise makes him a valuable asset to our team and a trusted
advisor to our clients.
With a robust background in litigation, Suleiman has effectively
handled complex cases, ranging from contesting jurisdictional
challenges to defending clients in high-stakes appeal matters.
Notably, Suleiman has successfully navigated cases and
represented clients in challenging tax disputes, including cases
involving objections to tax assessments, appeals against tax
penalties, and litigation over tax liabilities.
He obtained his Bachelor of Laws (LLB) from the University of
Ilorin in 2016 and subsequently completed his legal education at
the Nigerian Law School in 2017. He holds membership in both
the Nigerian Bar Association and the Institute of Chartered
Mediators and Conciliators.
Thank you.
Yours faithfully,
‘Wale Irokosu
Managing Partner
Encl:
Firm’s Profile
