FG rolls out guidelines for transition to new tax regime
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Nigeria's Federal Government unveiled guidelines for implementing the Tax Acts 2025, establishing a framework for transitioning to the new tax regime starting January 1, 2026. The guidelines ensure that new tax provisions are not applied retroactively, providing clarity to taxpayers and businesses on the shift from existing tax laws.
•Clarifies pre-2026 tax obligations By Emma Ujah, Abuja Bureau Chief The Federal Government (FG) has released the General Guidelines for the implementation of the Tax Acts 2025, outlining the transition process from the repealed tax laws to the new tax framework, which takes effect from January 1, 2026. A major provision of the guidelines is that […]
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