Publications
Recent Publication
Tax Newsletter
President Tinubu
signs Four Tax Bills into Law
On 26 June 2025, President Bola Ahmed Tinubu signed into law
four transformative tax reform bills—ushering in a new era for
Nigeria’s tax system. The reforms, set to take effect from 1 January
2026, aim to drive economic growth, simplify compliance, promote
fairness, and improve revenue generation nationwide.
The Impact Of The New Development Levy
On Nigerian Companies:
A Critical Analysis Of The New Fiscal
Provision
Nigeria’s tax landscape continues to evolve with reforms aimed at boosting domestic revenue generation and addressing critical developmental needs. One of the most recent innovations is the imposition of a 4% Development Levy on the assessable profits of Nigerian companies, as provided under the Nigerian Tax Act (NTA).
Telecoms & ICT: The Role of the
Consolidated Levy and IT
Compliance under Nigeria’s 2025
Tax Reform
The Nigeria Tax Act (NTA), 2025, represents a significant transformation of the nation's fiscal framework.
The NTA which comes into full force on January 1, 2026, has consolidated levies
such as the Tertiary Education Tax (TET), NASENI Levy, and National
Information Technology Development Levy (IT Tax) are merged into
the Development Levy fixed at 4% of assessable profit in accordance
with Section 59 of the NTA.
Transfer Pricing Newsletter
G7
COUNTRIES AGREE TO SUPPORT A GLOBAL MINIMUM TAX
The
emergence of the digital economy and new business models in our
technology-enabled, borderless world have created a seismic
disruption in the international tax framework. Typically, the
profits of a Multinational Enterprise (MNE) will come under the
tax net of a country if it has a Permanent Establishment (PE) in
that country and the profits are directly attributable to that
PE.
Tax Alert