Nigeria: Tax

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Tax law and international tax law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics such as capital gains tax, corporate tax, income tax, inheritance tax, national insurance, property taxes, sales taxes, VAT, GST, tax authorities, transfer pricing and withholding tax.
Article
NRS Commences Compliance Monitoring For Large Taxpayers Under The National E-Invoicing & Electronic Fiscal System (EFS) – Deadline: 31 July 2026
The Nigeria Revenue Service has launched compliance monitoring for large taxpayers under the National E-Invoicing & Electronic Fiscal System, requiring companies with annual turnover of ₦5 Billion and above to complete full system integration by 31 July 2026. Non-compliant entities face immediate enforcement actions, statutory penalties, and potential operational disruptions under applicable tax laws.
Nigeria Tax
Adeola Oyinlade & Co
Article
NRS Issues Compliance Reminder For Large Taxpayers Under The E-Invoicing & Electronic Fiscal System (EFS) Regime
The Nigeria Revenue Service has issued a compliance reminder to large taxpayers regarding mandatory e-invoicing requirements under the National E-Invoicing and Electronic Fiscal System regime. Large taxpayers must complete onboarding and begin compliant invoice transmission by 31 July 2026 or face potential regulatory enforcement measures. The notice follows the phased implementation timeline published in February 2026 for different taxpayer categories.
Nigeria Tax
WT
WTS Blackwoodstone
Article
An Overview Of The Tax Treatment Of Collective Investment Schemes Under The Nigeria Tax Act 2025 And The Nigeria Tax Administration Act 2025
Nigeria's tax landscape has transformed with the Nigeria Tax Act 2025 and Nigeria Tax Administration Act 2025, introducing a comprehensive framework for collective investment schemes. These reforms consolidate previously fragmented tax provisions, exempt dividends from authorised CISs, and create greater certainty for fund managers, trustees, and investors in Nigeria's capital markets.
Nigeria Tax
UU
Udo Udoma & Belo-Osagie
Article
Nigeria New Tax Reform Laws: The Unfinished Business
One of the objectives of the new tax laws is to ‘optimize fiscal revenue’. It is expected that the implementation of the laws will double tax-to-GDP ratio in the short run. This is by widening the tax net while providing incentives to already-compliant taxpayers to pay more tax. The tax laws also increase the power of the tax authorities to have access to hitherto private banking records to discourage tax evasion.
Nigeria Tax
KN
KPMG Nigeria
See more

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Income Tax

Article
An Overview Of The Tax Treatment Of Collective Investment Schemes Under The Nigeria Tax Act 2025 And The Nigeria Tax Administration Act 2025
Nigeria's tax landscape has transformed with the Nigeria Tax Act 2025 and Nigeria Tax Administration Act 2025, introducing a comprehensive framework for collective investment schemes. These reforms consolidate previously fragmented tax provisions, exempt dividends from authorised CISs, and create greater certainty for fund managers, trustees, and investors in Nigeria's capital markets.
Nigeria Tax
UU
Udo Udoma & Belo-Osagie
Article
Nigeria New Tax Reform Laws: The Unfinished Business
One of the objectives of the new tax laws is to ‘optimize fiscal revenue’. It is expected that the implementation of the laws will double tax-to-GDP ratio in the short run. This is by widening the tax net while providing incentives to already-compliant taxpayers to pay more tax. The tax laws also increase the power of the tax authorities to have access to hitherto private banking records to discourage tax evasion.
Nigeria Tax
KN
KPMG Nigeria
See more

Transfer Pricing

Article
An Overview Of The Tax Treatment Of Collective Investment Schemes Under The Nigeria Tax Act 2025 And The Nigeria Tax Administration Act 2025
Nigeria's tax landscape has transformed with the Nigeria Tax Act 2025 and Nigeria Tax Administration Act 2025, introducing a comprehensive framework for collective investment schemes. These reforms consolidate previously fragmented tax provisions, exempt dividends from authorised CISs, and create greater certainty for fund managers, trustees, and investors in Nigeria's capital markets.
Nigeria Tax
UU
Udo Udoma & Belo-Osagie
Article
Advance Pricing Agreements And Transfer Pricing Audits In Nigeria: A Cost-Benefit Analysis For Taxpayers
In recent years, transfer pricing (TP) has emerged as a significant concern for multinational enterprises (MNEs) operating in Nigeria. With the Nigeria Revenue Service (NRS) (formerly Federal Inland Revenue Service) intensifying efforts to generate revenue through taxation, taxpayers face heightened scrutiny, prolonged audits, and increasing risk of double taxation.
Nigeria Tax
KN
KPMG Nigeria
Article
Intra-group Financing In Nigeria: Pertinent Points To Note
Intra-group financing arrangement, particularly interest-bearing loan arrangements, have long been one of the foremost tax planning strategies adopted by multinational enterprises to shift profits from one jurisdiction to another. As a result, tax authorities globally tend to scrutinize these arrangements under transfer pricing rules to ensure that the terms of these transactions are at arm’s length.
Nigeria Tax
KN
KPMG Nigeria
See more

Corporate Tax

Article
NRS Commences Compliance Monitoring For Large Taxpayers Under The National E-Invoicing & Electronic Fiscal System (EFS) – Deadline: 31 July 2026
The Nigeria Revenue Service has launched compliance monitoring for large taxpayers under the National E-Invoicing & Electronic Fiscal System, requiring companies with annual turnover of ₦5 Billion and above to complete full system integration by 31 July 2026. Non-compliant entities face immediate enforcement actions, statutory penalties, and potential operational disruptions under applicable tax laws.
Nigeria Tax
Adeola Oyinlade & Co
Article
NRS Issues Compliance Reminder For Large Taxpayers Under The E-Invoicing & Electronic Fiscal System (EFS) Regime
The Nigeria Revenue Service has issued a compliance reminder to large taxpayers regarding mandatory e-invoicing requirements under the National E-Invoicing and Electronic Fiscal System regime. Large taxpayers must complete onboarding and begin compliant invoice transmission by 31 July 2026 or face potential regulatory enforcement measures. The notice follows the phased implementation timeline published in February 2026 for different taxpayer categories.
Nigeria Tax
WT
WTS Blackwoodstone
Article
An Overview Of The Tax Treatment Of Collective Investment Schemes Under The Nigeria Tax Act 2025 And The Nigeria Tax Administration Act 2025
Nigeria's tax landscape has transformed with the Nigeria Tax Act 2025 and Nigeria Tax Administration Act 2025, introducing a comprehensive framework for collective investment schemes. These reforms consolidate previously fragmented tax provisions, exempt dividends from authorised CISs, and create greater certainty for fund managers, trustees, and investors in Nigeria's capital markets.
Nigeria Tax
UU
Udo Udoma & Belo-Osagie
See more

Latest Videos

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