In Nigeria, the OECD model has served as the basis on which most of the current double taxation treaties (DTTs) with other countries have been formulated.

The World Bank Group (World Bank) on Wednesday, 31 October 2018, published it's 2019 Doing Business Report (the Report).

Value added tax (VAT) is a multistage consumption tax, which is charged and payable on the supply of all goods and services.

The Federal Inland Revenue Service (FIRS) has continued to seal business premises of defaulting tax payers in continuation of its compliance enforcement drive.

As anticipated in our tax alert of 21 October 2019, President Muhammadu Buhari has signed the Deep Offshore and Inland Basin (Production Sharing Contract) Act (DOIBPSCA)

Open banking, open risk.

We therefore advise that all stakeholders commence compliance with the revised WHT rates of 5%.

In Africa, large infrastructure gaps remain an obstacle to growth, investment and economic diversification.

President Muhammadu Buhari, on Wednesday 20 June 2018, signed the 2018 Appropriation Bill of the Federal Government of Nigeria (FGN) into law.

FCT High Court on Monday, 14 January 2019 ruled that LGCs in the FCT lack authority to impose taxes and levies that are outside the purview of the Constitution of the Federal Republic Of Nigeria, 1999 as amended and TALC.

The Federal Inland Revenue Service (FIRS), in its bid to enhance efficiency in tax administration, is set to automate the process of filing transfer pricing (TP) returns.

We will continue to monitor developments in this space and provide updates as soon as they become available.

President Muhammadu Buhari at a recent event in Abuja, stated that the Federal Government (FG) has commenced restriction of issuance of visa to foreigners seeking to take up engineering roles in Nigeria.

This is an update to our tax alert of 16 August 2016, in which we notified taxpayers and other stakeholders of the inauguration of the National Tax Policy...

The House of Representatives ("HoR"), has issued a Public Notice ("the Notice"), inviting 1,124 organisations across the public and private sectors to an investigative hearing,

The NIS, on Wednesday, 2 August 2017, announced that with effect from 1 January 2018, individuals who intend to obtain Nigerian passports or renew expired passports would be required...

It is said that no government can build credibility if it downplays the need to internalise efficient and effective mechanisms in steering the wheel of governance.

President Muhammadu Buhari on 5 April 2017, formally launched the National Economic Recovery and Growth Plan (ERGP) for Nigeria.

Preliminary analysis indicates a potential increase in Excise bills.

The Immigration Act cap I1, Laws of the Federation of Nigeria (LFN) 2007 provides the framework for the employment of expatriates in Nigeria and sets the basis of their entry into, stay in and exit from Nigeria.