Our locations:

In this August 2025 edition of TEMPLARS Tax Transcripts, our Tax Practice highlights key developments in tax policy, administration, and judicial decisions.

Notable updates include the Federal Inland Revenue Service’s discontinuation of Tax Exemption Certificates ahead of a new incentive regime, an extended deadline for electronic invoicing compliance by large taxpayers, and the reintroduction of a four percent Free-on-Board import levy by the Nigeria Customs Service.

Also featured is the Federal High Court’s decision in Bolt Operations OU v FIRS, affirming the authority of the revenue service to appoint non-resident digital platforms as Value Added Tax collection agents.

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

View publication

Related Post

30 July 2025

Supreme Court Affirms Jurisdiction of the Tax Appeal Tribunal: Implications for Tax Disputes in Nigeria
Recently, the Supreme Court of Nigeria delivered a landmark judgment in TSKJ Construcoes Internacional Sociedade Uniperssoal LDA v. Federal Inland Revenue Service (SC/955/2017), affirming the jurisdiction of the Tax Appeal Tribunal (TAT).

29 July 2025

TEMPLARS Transcripts: Tax Digest | July 2025
In this July 2025 edition of TEMPLARS Tax Transcripts, our Tax Practice shares key developments across tax legislation, administration, and judicial decisions.

22 July 2025

Tax Management Mechanics in Nigerian Commercial Contracts
In Nigeria’s evolving tax environment, clear and strategic contract drafting is essential.