KPMG Flags Major Errors in Nigeria's New 2026 Tax Laws
KPMG Nigeria identifies four major errors and gaps in Nigeria's new 2026 tax laws, warning they could create confusion, disputes, and hinder compliance. Urgent clarifications are needed.
Category : Search result: Tax law controversy
Man Sentenced to Death for Raping Minor in Jigawa
A Jigawa High Court has sentenced Abubakar Muhd to death by hanging for raping a 15-year-old boy. The landmark ruling under the VAPP Law includes a N5 million compensation order. Read the full details.
Experts Clarify N50 Stamp Duty on Transfers, Not Balances
Tax authorities clarify that the new N50 stamp duty applies only to electronic transfers, not bank balances. Learn about exemptions, VAT rules, and rent relief under Nigeria's 2025 Tax Act.
New Tax Laws: Experts Warn of Disputes, Capital Flight
KPMG warns Nigeria's new tax laws contain gaps and ambiguities risking disputes and capital flight. Budget Office DG and ex-CBN deputy governor defend the reforms, saying they protect the poor.
NLC warns new tax laws undermine democracy, system
The Nigeria Labour Congress warns the Federal Government that the new tax laws undermine the tax system and democracy. Get the full details on the controversy, including reactions from Oshiomhole, APC, and tax experts.
2025 Tax Reforms: Nigeria's Path to Fiscal Stability
Nigeria's 2025 Tax Acts aim to rebuild the nation's fiscal architecture, protect low earners, and drive digital compliance. Discover the long-term strategy beyond the revenue debate.
Lady Laments N23k VAT on N181k Restaurant Bill
A Nigerian lady's viral TikTok video exposes a N23,000 tax charge on a N181,000 restaurant bill, sparking debate on new tax policies and hidden costs in Lagos eateries. See the full breakdown and public reaction.
Lady cries out over N23k VAT on N181k restaurant bill
A Nigerian lady's viral TikTok video exposes a hefty N23,000 tax charge on a N181,000 restaurant bill, sparking debate on new tax policies and business practices in 2026.
Hidden Benefits of Nigeria's 2026 Tax Reforms Revealed
Beyond revenue, Nigeria's new 2026 tax laws offer overlooked advantages for formalisation, fairness, and investment. Discover how workers and SMEs benefit.
Nigerian Lady Alarms Over Huge VAT on ₦3m Goods
A Nigerian lady's viral TikTok video exposes alarming VAT charges at an Ikeja store, sparking a national conversation on Nigeria's new tax law implementation and consumer rights.
Tax Act 2025: Gains and Risks for Nigerian Manufacturers
The Nigeria Tax Act 2025 introduces sweeping reforms for manufacturers, offering tax credits and R&D deductions. Experts warn implementation is key to success. Discover the full impact.
FG to Use Banks, Fintechs for Tax Debt Recovery in 2026
Nigeria tightens tax laws, empowering authorities to use banks and fintechs like Access, Zenith, and Opay to recover unpaid taxes. Learn about the new rules and your obligations.
Nigeria's 2025 Tax Reforms: A Structural Overhaul
The Nigerian Tax Acts 2025 aim to fix a broken fiscal system, protect low earners, and modernise administration. Discover the long-term vision beyond the revenue debate.
Nigerian Mum Cries Out Over New Electronic Transaction Tax
A Nigerian mother of two expresses shock after nearly N100 was deducted as tax for a N25,000 transaction under the new federal laws implemented on January 1, 2026.
Woman Calls Out Vendors Over Illegal VAT Charges
A Nigerian woman raises alarm over vendors illegally charging 'VAT' on everyday purchases. She shares shocking examples and calls for government intervention. Read her full story.
Banker Reacts to Funny Transfer Narrations Amid New Tax Law
A Nigerian banker reveals over 50 hilarious bank transfer descriptions customers are using to avoid the new 2026 tax. See the viral reactions and how the law works.
Nigeria's 2026 Tax Reforms: Anxiety & Reform Fatigue
Analysis of Nigeria's new 2026 tax laws reveals public anxiety driven by reform fatigue, legal uncertainty, and pressure on SMEs. Can trust be rebuilt?
Nigerians Use 'Loan Refund' Narration to Avoid New Tax Charges
A Nigerian lady's viral TikTok video reveals how vendors are asking customers to use 'loan refund' in bank transfer descriptions to evade new 2026 tax laws, sparking a major online debate.
Nigeria's 2026 Tax Laws: Your Essential Q&A Guide
A complete guide to Nigeria's new tax laws effective 2026. Learn about exemptions for low-income earners, pensioners, bank account rules, and crypto taxation. Get the facts now.
National Assembly CTCs Reveal Tax Law Discrepancies
Certified True Copies from the National Assembly confirm significant alterations between passed and gazetted tax laws, fueling nationwide protests and political controversy. Read the full details.
Nigeria's New Tax Residency Rules Explained
Nigeria's new tax law finally clarifies who is a tax resident. Learn the 5-point checklist to determine your liability and understand taxation for residents vs. non-residents.
New Tax Law Brings Heavy Penalties for Nigerians, Firms
Nigeria's new Tax Administration Act is now in effect, imposing severe fines up to N10 million and jail terms for tax evasion, non-registration, and obstructing officers. Learn the full details.
Who Must Pay Tax in Nigeria? New 2026 Law Explained
Nigeria's new tax framework effective January 2026 defines clear obligations. Discover the 7 key taxpayer categories and who is exempt. Stay compliant!
Man Sends N1m, Debunks New Tax Law Rumours
A Nigerian man shares his experience after sending over N1 million under the new tax law, clarifying there were no extra deductions. Read his story and public reactions.
Lady Cries Over ₦50 Deduction on ₦16,000 Transfer
A Nigerian lady shared her shock after an extra ₦50 was deducted from a ₦16,000 transfer under the new tax law. See the online reactions and what this means for you.
Market Woman's 'Gift' Advice on New Tax Law Goes Viral
A young Nigerian man's encounter with a market woman over the new 2026 tax law has sparked online debate. She advised labeling a transfer as a 'gift' to avoid deductions. Read the full story and public reactions here.
Man's 2026 Transaction: No Tax Deduction on N20k
A Nigerian man shares his experience sending N20k in 2026, debunking tax deduction fears. He urges verification of new tax laws amidst online misinformation.
Nigeria's New Tax Law: ₦800,000 Annual Income Now Tax-Free
Nigeria's new tax law effective January 1, 2026, exempts the first ₦800,000 of annual income from tax. Learn how this reform impacts government employees and the wider economy.
Banks Begin 10% Tax on Dollar Deposits
Nigerian banks implement a 10% withholding tax on foreign currency deposit interest from Jan 1, 2026. Learn how this new tax law affects your dollar account and who is exempt.
Man Questions New Tax Policy, Sparks National Debate
A Nigerian man's viral questions about the 2026 tax reform have ignited a fierce debate on fairness, government benefits, and who should pay. Read the full story.
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