Our Latest Articles
The Nigeria Tax Act 2025 replaces blanket free zone tax exemptions with a conditional, performance-based regime and introduces the Economic Development Tax Incentive (EDTI). This article examines whether Free Zone Entities can leverage the EDTI, analysing...
The Nigeria Tax Act 2025 reshapes how tax liability is identified and enforced, expanding chargeability to include directors, officers, trustees, family representatives, and other proxies. This article explains how the Act closes long-standing loopholes,...
Nigeria’s SEC Rules on crowdfunding have reshaped how early-stage capital is raised, providing structure, accountability, and investor protection in a market long dominated by informal schemes. This article explores how these Rules impact venture finance,...
The Nigeria Tax Act 2025 introduces the Economic Development Tax Incentive (EDTI) to replace the Pioneer Status Incentive. This article examines how mergers and acquisitions interact with the EDTI framework, analyzing which structure (merger or acquisition)...
The Supreme Court’s decision in CBN v. Ochife & Ors marks a turning point in Nigeria’s garnishee proceedings. Judgment creditors must now demonstrate due diligence before initiating attachments, shifting the process from routine enforcement to an...
Residual income — the unapportioned earnings left after distributions in a settlement, trust, or estate — is not exempt from tax under Nigeria’s new tax regime. This article examines how the Nigerian Tax Act 2025 defines, computes, and taxes such income,...
DEEMED APPROVAL OF ECONOMIC DEVELOPMENT TAX INCENTIVE – ANY RESCUE BY THE BUSINESS FACILITATION ACT?
Nigeria’s new Economic Development Tax Incentive (EDTI) under the Nigeria Tax Act 2025 promises a modernized approach to investment-driven tax reliefs. Yet, a gap in approval timelines threatens to slow its impact. This article explores whether the Business...
The Nigeria Tax Act 2025 modernizes the taxation of corporate capital, distinguishing how share and loan capital attract ad valorem duties. While the reform aims for clarity, it quietly sustains a long-standing imbalance favouring debt over equity. This...
The Joint Revenue Board (Establishment) Act, 2025 has expanded the jurisdiction of the Tax Appeal Tribunal (TAT) to include disputes arising from both federal and state tax laws. This reform unifies Nigeria’s tax dispute resolution framework, ensuring...