TEMPLARS Transcripts: Tax Digest | February 2026

Key updates include the commencement of the Nigeria Tax Act, 2025 and related tax reform legislations, and the rollout of a unified national Tax Identification system across all tiers of government. This edition also examines Nigeria’s tax cooperation framework with France, alongside the scope of the technical collaboration.

For judicial developments, the Tax Appeal Tribunal confirmed that additional tax assessments are not statute-barred where taxpayers default in producing requested documents, and held that share purchase and sale agreements are subject to stamp duties, with implications for transaction structuring and tax planning.

For further clarification, please contact TEMPLARS Partners, Igonikon Adekunle and Sesan Sulaiman.