Taxes play a crucial role in any country’s economy and do not appear out of nowhere; they are fully supported by the law. Understanding these laws is essential for individuals and businesses operating in Nigeria to ensure compliance and make informed financial decisions.


The following are the existing tax legislation in Nigeria:

Associated Gas Re-Injection Act
Capital Gains Tax Act
Casino Act
Companies Income Tax Act
Deep Offshore and Inland Basin Production Sharing Contracts Act
Federal Inland Revenue Service (Establishment) Act
Income Tax (Authorised Communications) Act
Industrial Development (Income Tax Relief) Act
Industrial Inspectorate Act
National Information Technology Development Act
Nigerian Export Processing Zones Act
Nigeria LNG (Fiscal Incentive Guarantees and Assurances) Act
Oil and Gas Export Free Zones Act
Personal Income Tax Act
Petroleum Profits Tax Act
Stamp Duties Act
Taxes and Levies (Approved List for Collection) Act
Tertiary Education Trust Fund Act
Value Added Tax Act

Read more on tax laws in Nigeria here - https://blog.taxpal.africa/tax-laws-in-nigeria/