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The Companies Income Tax Act is the applicable tax law for Companies in Nigeria.

The Federal High Court, Lagos Division, recently decided in The Registered Trustees of Hotel Owners and Managers Association of Lagos (suing for itself and on behalf of all its members) v Attorney-General of Lagos State ...

Over the years, the provisions of the Companies Income Tax Act (CITA) relating to the right of taxpayers to claim capital allowance on assets have generated controversies between taxpayers...

Management fees are a common feature of intra-group arrangements within multinational enterprises (MNEs), reflecting charges for services provided by a parent company or related entity to its subsidiaries. These services are typically designed to promote operational efficiency, ensure consistency in group-wide policies, and allow group entities to benefit from centralized expertise.

In August 2018, Nigeria's Federal Inland Revenue Service (FIRS) issued the Income Tax (Common Reporting Standard) Regulations ("CRS Regulations") to provide legal backing for CRS implementation in Nigeria.

Generally, business organisations within a country contribute to the development of its economy.

In Nigeria, the mechanics of Value Added Tax (VAT) on goods is that the tax is charged at every stage of the supply chain, thereby creating the possibility of multiple incidences of VAT.

Stanbic Ibtc Holding Plc had purchased a banking software, which it customised and sold to its South African parent company. The Software was subsequently licensed to the bank for an annual licence fee.

"Unfair", "Unreliable", "Concerning" these were the echoes that followed the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mohammad Nami's speech at the Chartered Institute...

All over the world, tertiary healthcare institutions are considered as hospitals where state-of-the- art infrastructure exists for investigation and treatment of complex medical ailments...

Stamp duties are a form of tax paid on documents or instruments executed in Nigeria. It is also paid on documents or instruments to be performed in Nigeria.

Taxpayers in Nigeria have had to grapple with conflicting interpretations of applicable statutory provisions, on the correct position of the law regarding the requirement to pay a security deposit for prosecution of tax appeals to the Tax Appeal Tribunal.

According to the National Bureau of Statistics, Small and Medium-sized Enterprises (SME's) account for about 48% of Nigeria's Gross Domestic Product (GDP), making them a vital part of the economy.

Nigeria's new tax regime transitions from legislative reform to practical implementation, with the Nigeria Revenue Service rolling out electronic invoicing requirements for large taxpayers and a comprehensive Tax Identification framework. The International Monetary Fund has weighed in with recommendations for further revenue mobilisation, while the Tax Appeal Tribunal has set important precedents on the proper methodology for Best of Judgment assessments.

Given the high capital mobility and sharp competition for investments in the global market, countries have continued to employ varying strategies to attract investments and drive economic growth

For the better part of June and July 2026, the FIFA World Cup had the world enthralled with nerve-racking matches, record-breaking performances and celebrations that stretched far beyond the stadiums. But while fans counted goals, another spectator was keeping a different score – the taxman. The tournament ended weeks ago, but for the players, the story did not end on the pitch. In its wake, athletes were faced with taxation tied to the sporting activities they performed in host countries, and for those who played on American soil, this meant up to 37% of their earnings, in some cases, going to the taxman.

Understanding VAT has become vital for digital businesses operating in Nigeria.