FG issues guidelines for transition to new tax regime (opens original article in a new tab)

The Nigerian Federal Government issued guidelines to manage the transition from repealed tax laws to a new tax regime effective 2026, outlining how obligations, audits, and incentives will be handled during the transition period.

• Federal Government released guidelines for transition from old tax laws to new tax framework effective 1 January 2026
• Tax obligations, audits, and disputes spanning old and new systems will be handled under specific transitional rules
• Existing tax incentives and exemptions from repealed laws will remain valid until expiration under new framework