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Nigeria's tax landscape has undergone a fundamental shift with the enactment of the Nigeria Tax Act, 2025, which consolidates the country's core federal tax laws into a single unified framework. This reform introduces significant changes to how mergers and acquisitions are structured, priced, and executed, including the integration of capital gains into the income tax regime, revised exemptions for share disposals, and the introduction of taxation for indirect transfers.

In an effort to boost internally generated revenue, several State Governments have introduced various taxes targeting individuals and transactions within their respective jurisdictions.

The effectiveness of tax laws lie primarily in the coercive powers of tax authorities to enforce compliance and penalties for default...

The statutory basis of the 6th August 2026 executive order, what it replaces, what it preserves, where discretion still sits, and why it matters to investors, lenders, and project sponsors.

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 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 Finance Act 2019 (the "Finance Act") was passed into law on 13th January 2020 and came into effect. on the same date.

Multinational Enterprises (MNEs) now operate beyond their countries of residence.

There are several applicable rules and regulations of doing business in Nigeria. This purpose of this write-up is aimed at summarizing the steps required to carry out business in Nigeria...

January, 2004: Wole Obayomi, my boss at KPMG's Tax and Business Regulatory Services Group had written on an article...

When the military government in 1999 promulgated the Constitution of the Federal Republic of Nigeria , it included in section 251(1) of the schedule thereof, causes and matters wherein...

This article examines the implications of Nigeria's tax administration transition for enterprises regulated by the Nigeria Export Processing Zones Authority (NEPZA) and the Oil and Gas Free Zones Authority (OGFZA). It considers the pre-reform legal position, the structural changes introduced by the Nigeria Tax Administration Act, and how those changes affect NEPZA and OGFZA regulated entities.

In this second part, we will continue our exploration, delving even deeper into critical aspects of mortgage transactions and stamp duties.