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Across the globe, taxation remains a fundamental instrument for governments to generate revenue, fulfill their obligations, and provide essential services to citizens.

On June 26, 2025, President Bola Ahmed Tinubu signed into law four transformative pieces of tax legislation;

Tax is a mandatory financial charge imposed on taxpayers by the Government as required by statute or other basis, irrespective of whether services are provided to taxpayers.

The fact that the new tax reform laws are predicted to improve Nigeria's tax competitiveness indicates that there is a real need for an evaluation of the subject of tax residency.

The UUBO Tax Trends is a bi-annual newsletter that provides an overview of significant events in the Nigerian tax landscape. This edition offers insights on domestic and international tax developments that impacted taxpayers from January to June 2023.

For far too long, you've already heard of people forming foreign companies in Nigeria to take advantage of tax benefits.

The world like they say, has become a digital village. Processes have evolved following technological interventions; people have adapted to new ways of doing things.

In 2024, the Nigeria government took a bold step to overhaul its tax system by proposing significant reforms aimed at increasing revenue generation, reducing economic inequalities, and improving compliance.

In our last two publications on our tax policy series, we took a deep dive into the review of the provisions and core objectives of the 2025 Tax Reforms Act, specifically the Nigeria Tax Act (NTA) and the Nigeria Tax Administration Act (NTAA).

The Tax Appeal Tribunal, Lagos Zone ("TAT" or the "Tribunal"), recently held that infrastructure service providers licensed by the Nigerian Communications Commission...

Gains accruing to a person from the disposal of shares in any Nigerian company will be chargeable to Capital Gain Tax (CGT) at the rate of 10%. CGT will apply on the whole or part of the proceeds...

For many foreign investors entering Nigeria's fast-growing markets, profitability is only half the battle. The real challenge lies in how much of those profits...

On 28 May 2023, His Excellency, former President Muhammadu Buhari, GCFR, signed the Finance Bill,2023 into law as Finance Act, 2023.

In a significant overhaul of the Nigerian tax framework, the Nigeria Tax Act, 2025 ("NTA" or "the Act"), among other pieces of legislation, were signed into law by the President of the Federal Republic of Nigeria on 26 June 2025.

The Appropriation Bill was signed into law by the National Assembly on the 5th December, 2019 and assented by the President on the 17th December 2019.

Nigeria has experienced a rapid digital transition in the modern period, with e-commerce standing out among other sectors. The explosion of internet transactions has not only changed...

President Muhammadu Buhari signed the Finance Act 2020 into law on December 31, 2020. The new legislation followed hot on the heels of the Finance Act 2019...

Following the perceived need to enhance the process of tax administration, increase compliance, optimise revenue generation, and ensure fairness and equity in Nigeria, President Bola Ahmed Tinubu signed four bills on taxation, fiscal and revenue reforms into law on 26th June 2025.