The legislature has commenced the process of ratifying three avoidance of double taxation treaties with Spain, South Korea and Sweden signed on 18 November 2004...

Ratification involves the passage of a treaty by the National Assembly so that it forms part of the country's domestic law.

The Chairman of Federal Inland Revenue Service (FIRS); Mr. Babatunde Fowler, on Thursday 17 August 2017, signed the following agreements:

Lagos State Internal Revenue Service has issued a public notice regarding the taxation of non-nationals with temporary work permit.

Based on international trade convention, every country is allowed to adopt laws, rules and regulations that govern its trade relationships with other countries

The federal government of Nigeria and Qatar have signed an agreement for the avoidance of double taxation on income and capital gains for investments between the two countries.

To be entitled to the benefits under a tax treaty with Nigeria, a taxpayer must be a resident of Nigeria or the treaty partner or both countries. In addition,

The Federal Inland Revenue Service has issued a Public Notice.

On 26 March 2018, President Muhammad Buhari, following approval of the Federal Executive Council, signed the Nigeria- Singapore Double Taxation Agreement (DTA) instrument.

On 25 October 2018, the National Pension Commission published Guidelines on Voluntary Contribution under the Contributory Pension Scheme.

The President's assent of the DTT has however brought to the fore, issues surrounding the treaty making process in Nigeria.

As Nigeria continues to navigate the complexities of international taxation, Small and Medium Enterprises (SMEs) are finding themselves at the crossroads.

The Federal Inland Revenue Service (FIRS) recently issued a Public Notice informing the general public of its Circular No: 2019/03 on the Claim of Tax Treaties Benefits in Nigeria (the Circular).

So, we've all heard about the trending Finance Act, 2020 (the "Act") signed into law by President Muhammadu Buhari on Monday 13th January, 2020.

Generally, aviation taxes are complex. With airlines flying across territorial jurisdictions and spending only a portion of their total distance in any particular sovereign state,...

In Nigeria, the OECD model has served as the basis on which most of the current double taxation treaties (DTTs) with other countries have been formulated.

The Federal Inland Revenue Service (FIRS or "the Service") has issued a Public Notice informing taxpayers of the termination of the reduced 7.5% withholding tax (WHT) rate...

The Federal Inland Revenue Service has issued Information Circular No.: 2021/19 on Guidelines on Simplified Compliance Regime for VAT for Non-Resident Suppliers of goods, services or intangibles to persons in Nigeria ...

Nigerian President signs executive order mandating Nigerian taxpayers to declare and pay tax on their offshore assets.

Globalisation and Technological Advancements are encouraging more Nigerian Businesses to diversify their spheres of businesses, into other countries; especially West and South African countries.