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On 28th February, 2020, the Tax Appeal Tribunal ("TAT" or "the Tribunal"), sitting in Lagos, delivered a ruling in the case of Tetra Pak West Africa Limited ("Tetra Pak" or "the Company")...

Section 30(1)(b) of CITA grants FIRS a discretion to assess foreign companies to tax on a fair and reasonable percentage of their turnover where it appears to FIRS that the company either has no assessable profits or ...

In terms of its contribution to the Nigerian economy, the ICT sector has proven to be a great enabler.

Without doubt, the promulgation of the Nigerian Tax Reform Acts portends significant impact for non-resident persons (i.e., individuals and business which do not have their tax residency in Nigeria).

It is no longer news that President Muhammadu Buhari signed the Finance Act 2020 (FA20) into law on 31 December 2020 alongside the 2021 National Budget.

In Nigeria, as in most developing or developed nations, taxation is a vital source of revenue for all levels of government. Taxpayers are obligated to comply with the provisions of the applicable...

On 19 July 2019, the Organisation for Economic Cooperation and Development (OECD) released its report on harmful tax practices across various jurisdictions. The report indicates that Mauritius

Tuesday last week, our Communications Manager wrote: "I want to draw your attention to the news item below on IMF's suggestion to African countries to boost tax collections.

It is without a doubt that there is a gradual transition of the managerial control of most businesses to the millennials and generation Z (Gen-Z). Most recently set up companies, especially in the tech space, were founded by Gen-Z.

As the most populous African nation, Nigeria continues to attract an increasing number of foreign investments annually. In 2020, the United Nations reported that Nigeria's inflow...

On October 5, 2021, the Senate of the Federal Republic of Nigeria passed the Establishment of the Tertiary Hospitals Development Fund Bill 2021 (the "Bill"), which seeks to impose new taxes on companies...

In 2016, Nigeria fell into deep recession due to a number of factors; including the global fall in oil price.

Employees are often misclassified as independent contractors. Misclassification can sometimes be an innocent mistake by all parties involved, or a conscious decision made by an employer to avoid certain responsibilities and costs ...

Stakeholders must consider all the key aspects of the PIB including fiscal provisions, impact on project economics, financial reporting, contracts and covenants, local content and political dimensions.

The Federal Government has introduced significant fiscal reforms in the mining sector with the enactment of the Nigeria Tax Act, 2025 (NTA) and the Nigeria Tax Administration Act, 2025 (NTAA). These new laws represent a definitive departure from the previous fiscal regime, which was primarily governed by the Nigerian Minerals and Mining Act, 2007 (the "Mining Act") and the Companies Income Tax Act, 1977 (as amended) (CITA).

There is a general consensus that the Finance Act 2019 (the Act), is a welcome legislation which addresses some of the major issues identified in our tax laws over the years.

The Finance Act contains key provisions to implement certain tax and regulatory changes that will significantly impact investments in Mauritius.