THE 2025 TAX REFORM ACTS AND THE NIGERIA STARTUP ACT: RECONCILING INCENTIVES, COMPLIANCE, AND GROWTH
Nigeria’s 2025 Tax Reform Acts introduce a performance-based incentive framework that reshapes how startups and investors access tax relief. This article examines how the new regime aligns with the Nigeria Startup Act, highlighting changes to incentives,...
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)...
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...
The Nigeria Tax Administration Act (2025) and the Nigeria Tax Act (2025) introduce the terms small business and small company—but do they mean the same thing? While “small business” applies mainly to VAT exemptions and “small company” to income tax relief,...
The Presidential Compressed Natural Gas (CNG) Initiative was introduced as a palliative to cushion the effect of petrol subsidy removal. Designed to cut fuel import costs, lower emissions, and create jobs, the program presents opportunities but also faces...
From January 1, 2026, Nigerian companies with foreign subsidiaries (NCFCs) will face new tax obligations under the NTA 2025. They must pay income tax on undistributed NCFC profits and cover any shortfall in meeting the 15% global minimum tax (GMT), expressed...