840 results found

The doctrine of legitimate expectation is a common law principle, which requires that public authorities respect a consistent practice or representation made by them to members of the public.

T he COVID-19 Pandemic and its disruptive effect on Nigeria's economy has put a strain on revenue generation at all levels of government. Despite the current economic...

It has been three years since the Petroleum Industry Act ("PIA" or the "Act") was signed into law, and the implementation of the Act has come into full swing.

The world continues to fight the COVID-19 Pandemic which has created health and economic crises and may soon result in food crisis for some regions of the world.

Employees share based compensation (ESBC) has been described as one of the most novel innovations in the corporate business world and finance.

The release further stated that the files of non-resident persons shall thenceforth be domiciled at the NRPTO.

On 31 December 2021, the Finance Act 2021 (FA21) was signed into law by President Muhammadu Buhari alongside the 2022 Appropriation Act themed "the Budget of Economic Growth & Sustainability"

On July 1, 2021, the Federal Inland Revenue Service ("FIRS") issued a public notice, granting one (1) month extension from the 30th of June, 2021, for companies to comply with their...

The Lagos State Internal Revenue Service (LIRS) has issued a Public Notice providing guidelines to taxpayers resident in Lagos State ..

The Nigerian Transfer Pricing Regime has witnessed significant developments in the last few years, which have resulted in TP finally becoming one of the high-risk tax areas facing Group Companies in Nigeria.

Nigeria is a contracting party to DTAs with several countries which sets out various withholding tax rates chargeable in line with the provisions of the respective DTAs.

The Tax Appeal Tribunal (TAT or "the Tribunal") sitting in Lagos recently ruled in the case between Checkpoint Software Technologies B.V Nigeria Limited (CST or "the Company" or "the Appellant")...

We are delighted to share insights from recent tax cases from the Tax Appeal Tribunals and Courts in Kenya, Nigeria and South Africa.

Globally, tax laws assume that you need a certain level of physical presence (an office, a factory, a workshop etc.) in a foreign country before you can be assumed to have earned taxable revenue from that country.

Transfer pricing (TP) describes the form of inter-company pricing methods between two or more related economic entities with respect to intra-group supply...

The Nigerian Federal High Court Declares the Tax Appeal Tribunal Unconstitutional...

Many organisations have had to embrace virtual working thereby reducing access or completely shutting down their offices due to the enforced COVID-19 lockdowns.

On 26th June 2025, the President of the Federal Republic of Nigeria signed four landmark tax reform bills into law, marking a significant shift in the nation's tax landscape.