MwDyOOD3DcI. - Complete Information & Details

Web Reference: Tax Flash News A Bill to amend the Inland Revenue Act, No. 24 of 2017, was published in the Gazette Extraordinary dated 20 February 2026 and issued on 24 February 2026 by the Minister of Finance, Planning and Economic Development. Updates to the Nigeria Tax Act (NTA), 2025 Following our initial newsletter on the Nigeria Tax Act, we note that some provisions in the harmonised version used to prepare the newsletter are different from the gazette which has now become publicly available. While the structure and intent of the Act remain largely unchanged, a few notable refinements have been introduced in the signed version. Issue No. 8.2 | August 2024 The Nigeria Tax Act (NTA or “the Act”) repeals certain existing tax laws and consolidates the legal framework governing taxation in the country into a single legislation for simplicity and improved tax administration. Consolidating tax provisions into one single document will also help to eliminate overlapping, conflicting or ambiguous provisions that can result ...

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