The Digest:
Former presidential candidate Peter Obi has condemned Nigeria’s new tax laws, calling them a form of “extortion” that lacks clarity, public consultation, and a clear social contract, revealing a deepening disconnect between policy and public trust in a system already straining...
The Digest:
Executives from KPMG met with the Nigeria Revenue Service chairman, Zacch Adedeji, to clarify concerns over recently enacted tax laws. After earlier citing “errors and inconsistencies,” the firm now commended the reforms
Key Points:
KPMG executives met with NRS chairman Zacch...
The Digest:
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has issued a strong rebuttal to a recent analysis by KPMG Nigeria, stating the firm "does not understand" the policy intent behind the newly enacted Nigeria Tax Act (NTA). He challenged the...
The Digest:
Global audit firm KPMG has warned of “errors, inconsistencies, gaps, omissions, and lacunae” in Nigeria’s New Tax Act 2025 and called for urgent revisions to meet its objectives. The review highlights risks of double taxation and compliance burdens
Key Points:
KPMG identified...
The Digest:
In a major legal victory for KPMG Nigeria, the Court of Appeal has ruled that the Corporate Affairs Commission (CAC) improperly registered the name “KPMG Professional Services.” The court’s decision nullifies the registration, granting KPMG Nigeria all the reliefs it sought.
Key...