As part of Olaniwun Ajayi LP’s ‘Deconstructing the Tax Reform Acts’ Series, this article is focused on taxes imposed on Non-Resident Companies (Including Persons Engaged in Shipping and Air Transport...
On June 26, 2025, President Bola Ahmed Tinubu signed into law four landmark pieces of legislation: the Nigeria Tax Act (NTA), the Nigeria Tax Administration Act (NTAA), the Nigeria Revenue...
On 5 May 2025, the Federal High Court, Lagos Division, affirmed a Tax Appeal Tribunal decision that set aside administrative penalties the Federal Inland Revenue Service (FIRS) had imposed on...
The first quarter of 2025 started with strong momentum, and it points to an eventful year for the Nigerian tax landscape. Although it is still early, the quarter has already...
Personal income tax in Nigeria is widely misunderstood. Below, we address six common misconceptions under the Personal Income Tax Act (as amended) (PITA). 1. I don’t have to pay personal...
Nigeria has activated its Advance Pricing Agreement (APA) regime. The Federal Inland Revenue Service (the Service) released detailed APA Guidelines on 27 November 2024, and they took effect on 1...
It has been said that there are decades where nothing happens and weeks where decades happen. This sentiment has never been more relevant than in the 2024 fiscal year. This...
The penultimate quarter of 2024 saw significant developments in Nigeria’s tax landscape. It brought key Tax Appeal Tribunal rulings, incentives for the oil and gas sector and new Federal Inland...
On October 2, 2024, the Minister of Finance and Coordinating Minister of the Economy unveiled the Notice of Tax Incentives on Deep Offshore Oil and Gas Production, 2024 (the Notice)....
We are pleased to announce that the International Tax Review (ITR) has recognised Olaniwun Ajayi in its 2025 ITR World Tax Rankings. This annual publication ranks the world’s leading tax...
As part of Olaniwun Ajayi LP’s ‘Deconstructing the Tax Reform Acts’ Series, this article is focused on taxes imposed on Non-Resident Companies (Including Persons Engaged in Shipping and Air Transport...
On June 26, 2025, President Bola Ahmed Tinubu signed into law four landmark pieces of legislation: the Nigeria Tax Act (NTA), the Nigeria Tax Administration Act (NTAA), the Nigeria Revenue...
On 5 May 2025, the Federal High Court, Lagos Division, affirmed a Tax Appeal Tribunal decision that set aside administrative penalties the Federal Inland Revenue Service (FIRS) had imposed on...
The first quarter of 2025 started with strong momentum, and it points to an eventful year for the Nigerian tax landscape. Although it is still early, the quarter has already...
Personal income tax in Nigeria is widely misunderstood. Below, we address six common misconceptions under the Personal Income Tax Act (as amended) (PITA). 1. I don’t have to pay personal...
Nigeria has activated its Advance Pricing Agreement (APA) regime. The Federal Inland Revenue Service (the Service) released detailed APA Guidelines on 27 November 2024, and they took effect on 1...
It has been said that there are decades where nothing happens and weeks where decades happen. This sentiment has never been more relevant than in the 2024 fiscal year. This...
The penultimate quarter of 2024 saw significant developments in Nigeria’s tax landscape. It brought key Tax Appeal Tribunal rulings, incentives for the oil and gas sector and new Federal Inland...
On October 2, 2024, the Minister of Finance and Coordinating Minister of the Economy unveiled the Notice of Tax Incentives on Deep Offshore Oil and Gas Production, 2024 (the Notice)....
We are pleased to announce that the International Tax Review (ITR) has recognised Olaniwun Ajayi in its 2025 ITR World Tax Rankings. This annual publication ranks the world’s leading tax...