The IASB and FASB met in April to discuss leasing. They reached a number of converged decisions.

The Nigeria Immigration Service (NIS) has issued a circular titled "Abolition of Re-entry Visa" indicating that the Minister of Interior has approved the discontinuance of re-entry visas for purpose of re-entering Nigeria for expatriates that have valid residence permits.

Nigeria and Ghana have signed an agreement for the avoidance of double taxation between the two countries.

Nigeria's President has presented a bill to the lawmakers to enact a law that will give effect to the avoidance of double taxation agreements (DTAs) entered into at different times between Nigeria and Sweden, South Korea and Spain.

Have you ever been in a position where you needed to quickly confirm tax rates, filing deadlines, penalty for default, and other tax obligations? Even if you haven't, don't wait until you are stranded.

Subsequent to our recent tax alert on the ongoing tax amnesty, we have received further update from the FIRS regarding eligibility for the waiver.

Though the current recession has impacted negatively on Nigeria's automotive sector leading to a very slow growth scenario...

To fully understand the potential exposure to cyber liability, it is important to understand (1) what factors increase the company's exposure and (2) the identity of individuals that are providing access to the confidential information.

Die zentralen europäischen Finanzaufsichtsbehörden haben ihre Jahresberichte für 2025 veröffentlicht und signalisieren damit einen fundamentalen Strategiewechsel in der EU-Finanzaufsicht. Der Fokus verlagert sich von der Entwicklung neuer Regulierungsrahmen hin zu datengetriebener Überwachung, praktischer Umsetzungskontrolle und konsequenter Durchsetzung bestehender Vorschriften. Für Finanzunternehmen wird die nachweisbare Wirksamkeit ihrer Kontrollen im EU-weiten Vergleich zum

Tax authorities previously focused only on PAYE tax but are now asking questions regarding other incomes from rental, 'side-hustle', trading or professional activities that individuals need to declare.

The European Securities and Markets Authority has published a consultation paper proposing significant amendments to guidelines governing post-trade communication between investment firms and professional clients under the Central Securities Depositories Regulation. These changes mandate electronic standardised machine-readable messaging protocols, eliminate oral communication from regular workflows, and align regulatory expectations with the EU's transition to a T+1 settlement cycle taking effect in Octobe

The Government of the United Kingdom has recently announced an agreement with France, Germany, Italy and Spain to develop and pilot multilateral tax information exchange arrangements.

The Promotion of Access to Information Act (PAIA) aims to foster a culture of transparency and accountability in public and private bodies. It does so by giving effect to the right of access to...

The first-time double tax treaty (DTT) between Cyprus and Barbados signed in May 2017 is effective as from 1 January 2018 as per a recent update of the Cyprus Ministry of Finance.

The National Pensions Commission (PenCom) has announced the commencement of transfer of Retirement Savings Accounts (RSA) between Pension Fund Administrators (PFAs).

The Central Bank of Nigeria ("CBN") on 17 May, 2017 issued a circular clarifying certain items that are eligible for foreign exchange ("FX") in the Nigerian official foreign exchange market ("FX market").

The Federal Inland Revenue Service (FIRS) and the FCT Internal Revenue Service (FCT-IRS) have issued a joint public notice informing taxpayers and the general public...

The Lagos State Internal Revenue Service (LIRS) has announced the extension of the deadline for filing personal income tax returns by 2 months from 31st of March to 31st of May 2020.

On 22nd January 2016, the Tax Appeal Tribunal (TAT) sitting in Lagos reinforced the principle established by the Court of Appeal in FIRS v Halliburton...

On 24 September 2021 the Minister of Finance issued a decree extending further the deadline for submission of certain direct tax returns.