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Nigeria Tax Act, 2025 has been signed – highlights

|Tax Alerts, Information Reporting, Legis ...|Nigeria
Nigeria

  • On 26 June 2025, Nigeria’s President signed the Nigeria Tax Act, taking effect on 1 January 2026 and marking a significant overhaul of Nigeria’s tax framework aimed at streamlining compliance and broadening the tax base.
  • The Act introduces a top-up tax for Nigerian parent companies to meet a global minimum effective tax rate, alongside controlled foreign company rules that tax undistributed profits…

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