Nigeria Tax Act, 2025
The Nigeria Tax Act is one of the four Economic Stabilisation Laws assented to by President Bola Ahmed Tinubu on the 26 June, 2025. It makes comprehensive provision for the scope of taxation by specifying what is taxed, who is liable to tax, applicable tax rates, thresholds, exemptions, and reliefs.
Click to download the Nigeria Tax Act, 2025
As the substantive backbone of the 2025 tax reforms, it replaced the regime of multiplicity of legacy statutes with a unified tax code that recalibrates Nigeria’s fiscal architecture in line with international norms while responding to domestic economic realities.
Click to download the Nigeria Tax Act, 2025
Beyond consolidating income tax and capital gains tax, reclassifying VAT, the Act fundamentally expands Nigeria’s taxing jurisdiction by redefining a “Nigerian company” to include entities whose central or effective place of management or control is situated in Nigeria, thereby exposing certain foreign-incorporated companies to tax on their global income, subject to treaty reliefs.
Click to download the Nigeria Tax Act, 2025
The Act aligns capital gains taxation with income tax rates, eliminates rollover reliefs, and introduces taxation of indirect transfers of Nigerian assets, significantly curtailing historic tax arbitrage opportunities.
Click to download the Nigeria Tax Act, 2025
At the same time, it adopts redistributive and growth-oriented measures, including expanded exemptions for small companies, a more progressive personal income tax regime, full input VAT recovery on services and fixed assets, and zero-rating of essential goods and services. The Act has a total of 203 sections and 14 schedules.
Click to download the Nigeria Tax Act, 2025
Click the links below to download the reminder of the four tax reforms laws.
Click to download the Nigeria Tax Administration Act, 2025
Click to download the Nigeria Revenue Service (Establishment) Act, 2025
Click to download the Joint Revenue Board of Nigeria (Establishment) Act, 2025
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