Nigerian govt releases tax act guidelines nearly six months after kickoff

The Nigerian government has finally issued general guidelines for the implementation of Tax Acts 2025 nearly six months into its commencement on January 1, 2026. 
This was disclosed in a statement on Thursday by the spokesperson of the finance ministry, Efe Ovuakporie. 
According to the federal government, the guidelines set out the process for transition from the repealed tax laws to the new tax framework, which took effect on January 1. 
The Nigerian government explained that the guidelines provide direction to taxpayers, tax practitioners, revenue authorities, and other stakeholders on how to address various issues arising from the old regime to the new framework.
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