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What is Nigeria Tax Act 2025 Overview about?

The Nigeria Tax Act, 2025 repeals several previous tax laws and establishes a comprehensive framework for the taxation of income, transactions, and instruments in Nigeria. It outlines the objectives, application, and various taxation categories including income tax, petroleum operations tax, and value-added tax, along with provisions for tax incentives and relief for double taxation. The Act aims to unify fiscal legislation and streamline tax compliance across the country.

Author

almuhaamy.chambers

Language

EN