The General Transition Guidelines for the Tax Acts 2025 provide a roadmap for taxpayers, tax authorities, and other stakeholders navigating the shift from the repealed tax laws to the new tax framework. More importantly, they offer clarity on how existing obligations, disputes, incentives, and transactions will be treated during the transition period, while reinforcing a key principle of the reforms, that the new tax laws will not apply retrospectively.
Nigeria’s Tax Reform Transition: What the New Guidelines Mean for Taxpayers
