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  • Article

    Finance Bill 2022 – Review Of Proposed Tax Amendments And Potential Impact On Businesses

    Over the past three years, Nigeria has witnessed the enactment of annual Finance Acts, along with the National budget. To date, the Finance Acts (2019, 2020 and 2021) have introduced landmark amendments...
    NigeriaFinance and Banking
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Key Provisions Of The Finance Bill 2021

    In line with the tradition of the current administration, the Finance Bill 2021 (the "Bill") was recently presented before the legislature for passage into law. Similar to its predecessors...
    NigeriaFinance and Banking
    Pavestones
    Pavestones
Article

Companies In Nigeria To Pay Police Trust Fund Levy Of 0.005% Of Net Profits

The Federal Government of Nigeria (FGN), recently made public the Nigeria Police Trust Fund (Establishment) Act, 2019 ...
NigeriaGovernment, Public Sector
Deloitte Nigeria
Deloitte Nigeria
  • Article

    FIRS Introduces Real-time Direct Collection Of Taxes From Online Gaming Transactions

    Sentinal will allow integrated payment service providers to deduct taxes at transaction-points and remit same directly to Government's Treasury.
    NigeriaGovernment, Public Sector
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    Social Security In Nigeria - Is There Light At The End Of The Tunnel?

    Social security arrangements are collective remedies against adversity and deficiencies; ranging from pensions to disability compensations, death benefits as well as free/quasi healthcare and education.
    NigeriaGovernment, Public Sector
    Deloitte Nigeria
    Deloitte Nigeria
  • Article

    How To Navigate Nigeria’s Real Estate Market In 2026

    Nigeria's real estate market is undergoing a dramatic transformation in 2026, with new laws, tax regulations, and compliance requirements reshaping how property deals are structured and executed. From the Nigeria Tax Act 2025 to mandatory LASRERA registration, understanding these changes is critical for investors, developers, and first-time buyers looking to navigate this evolving landscape successfully.
    NigeriaReal Estate and Construction
    Olisa Agbakoba Legal (OAL)
    Olisa Agbakoba Legal (OAL)
  • Article

    A Bill To Amend The Production Sharing Contract Act In The Petroleum Industry Has Been Signed Into Law

    President Muhammadu Buhari today signed into law, a Bill to amend the Deep Offshore (and Inland Basin Production Sharing Contract) Act [the PSC Act].
    NigeriaTax
    PwC Nigeria
    PwC Nigeria
  • Article

    A Review Of Limited Liability Partnerships Under The Companies And Allied Matters Act, 2020

    n 2009, the Lagos State Government enacted the Partnership (Amendment) Law of Lagos State ("the Partnership Law").
    NigeriaTax
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Allowable Input Value Added Tax (VAT): What Constitutes Stock-In Trade?

    The decision arose from an appeal by Chi Limited against the Federal Inland Revenue Service.
    NigeriaTax
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Alternative Views On The Minimum Tax Regime For Companies In Nigeria

    One of the objectives of the Federal Government of Nigeria is to improve the ease of doing business for investors through its various policies, programs, committees and interventions
    NigeriaTax
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Automation Of The Withholding Tax System – Will Migration Be Seamless?

    Federal Inland Revenue Service in its bid to extend the Integrated Tax Administration System initiative to all of its processes, recently indicated its intention to fully automate the withholding tax system in Nigeria.
    NigeriaTax
    Deloitte Nigeria
    Deloitte Nigeria
  • Article

    CAMA 2019: Tax Implications And Considerations

    The Nigerian economy has not been left out of the various improvements in technology and innovation leading to more efficiency and effectiveness.
    NigeriaTax
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    CBN's Foreign Exchange Restriction For Imports Through Third Parties: Tax And Other Considerations

    On 24 August 2020, the Central Bank of Nigeria issued a notice directing authorised dealers against issuing Form Ms for imports, where payments are not made directly to the ultimate supplier.
    NigeriaTax
    PwC Nigeria
    PwC Nigeria
  • Article

    CBN Clarifies Foreign Exchange Rule For Imports Through Buying Agents

    On 18 November 2020, the CBN, issued a follow up circular further to its earlier notice of 24 August 2020, which directed authorised dealers against issuing Form Ms for imports where payments were not made directly to the ultimate supplier.
    NigeriaTax
    PwC Nigeria
    PwC Nigeria
  • Article

    CBN Issues Guidelines On Shared Service Arrangements For Banks And Other Financial Institutions

    On 26th May 2021, the Central Bank of Nigeria (CBN) issued a Circular informing banks and other financial institutions of its issuance of Guidelines on the operations...
    NigeriaTax
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    CEOs See Need For Urgent Tax Reform

    We have just launched the result of a new survey in a paper, ‘Tax strategy and corporate reputation: Balancing trust and growth’.
    NigeriaTax
    PwC Nigeria
    PwC Nigeria
  • Article

    Court And Tribunal Tax Cases In Nigeria: SHELL v FIRS Judgement

    On the 27th of October, 2015, the Tax Appeal Tribunal, Lagos Zone delivered a judgment in favour of the Shell Petroleum Development Company of Nigeria Limited in the above stated case.
    NigeriaTax
    WTS Adebiyi & Associates
    WTS Adebiyi & Associates
  • Article

    Court Of Appeal Rules On A Tax Authority's Powers To Distrain Taxpayers

    On 26 November 2018, the Court of Appeal held that the Ekiti State Board of Internal Revenue cannot make an ex-parte application to distrain a taxpayer's property or issue a warrant of distress in the absence of a final and conclusive tax assessment.
    NigeriaTax
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    ESG Reporting – The Implications Of Pillar II International Tax Reforms

    During October 2021, over 135 jurisdiction, which represents more than 90 percent of the cumulative global GDP unanimously agreed to a major international tax reform to address the challenges...
    NigeriaTax
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Federal Government Approval Of Tax Waivers For Corporate Bonds In Nigeria

    In light of the recent global and economic financial crisis, particularly in Nigeria, business enterprises and Governments alike have realized the important need to diversify in the area of raising capital to finance capital projects.
    NigeriaTax
    Odujinrin & Adefulu
    Odujinrin & Adefulu
  • Showing 601–620 of 1627 results

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