VOG Global Insights

The Blog

Clear analysis of tax, public finance and the policies shaping Nigeria's economy — from the VOG Global team.

Showing 74 articles

October 11, 2026

Do Churches and Mosques Pay Tax in Nigeria? Religion, Tax and Economic Development Under the Nigeria Tax Act 2025

It is Sunday morning, and across Nigeria millions are in churches and mosques. So it is a good day to answer a question we hear often at VOG Global: do religious organisa…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

October 9, 2026

Do You Owe VAT on Imported Services in Nigeria? A ₦30 Million Case in Point

Yes. Under the Nigeria Tax Act 2025, VAT at 7.5% applies to services consumed in Nigeria, even when the supplier is abroad and the contract is signed outside the country.…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

October 8, 2026

Can you overpay tax in Nigeria if you file on time? Myth vs fact

Yes. A Nigerian company can file every return on time, pay every assessment in full and still overpay tax. Filing on time proves you were punctual. It does not prove the…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

October 7, 2026

How Much Cash Should a Nigerian Company Hold in 2026? What the ₦3.65 Trillion Cash Pile Teaches CFOs

A Nigerian company should hold enough cash to cover about three months of operating costs, plus the debt repayments and taxes due in that window, and put the surplus to w…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

October 6, 2026

How to Claim a VAT Refund in Nigeria in 2026: The 12-Month Rule and 30-Day Window

To claim a VAT refund in Nigeria, you must file the claim with the Nigeria Revenue Service (NRS) within 12 months of the transaction that gave rise to it, backed by a cla…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

October 5, 2026

What Does $100 Oil Mean for Nigerian Businesses in 2026? The Gap Between a $64.85 Budget and the Market

Oil above $100 a barrel lifts Nigeria's government revenue and foreign exchange reserves, but it does not lower your costs on its own. Brent traded above $100 in late Sep…

DODr. Okey Okoro Udo

4 min read

Policy

October 4, 2026

Nigeria at 66: Political Independence Without Fiscal Independence Is Unfinished Business

On 1 October 1960, Nigeria won the right to govern itself. Sixty six years later, the harder question is whether Nigeria can pay for itself. A nation that borrows to fund…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

October 2, 2026

Capital Gains Tax on the Sale of Shares in Nigeria: How a ₦240 Million Surprise Was Cut to ₦195 Million

Capital gains tax on the sale of shares in Nigeria is now charged at the 30% company rate for corporate sellers. The old flat 10% rate has gone. Individuals pay at progre…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

October 1, 2026

What Is the New Interest Rate on Late Tax Payment in Nigeria From October 2026? Myth vs Fact

From 1 October 2026, interest on late tax payment in Nigeria is charged at the CBN Monetary Policy Rate (MPR) plus 1 percentage point, down from MPR plus 5. Naira tax can…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

September 30, 2026

Cash-Flow Lending in Nigeria: How to Qualify for a Bank Loan Without Collateral in 2026

Cash-flow lending in Nigeria means a bank sizes your loan on the cash your business reliably collects, rather than on the property you can pledge. It is still rare: the W…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 29, 2026

How to Object to an NRS Tax Assessment in Nigeria: A 30-Day Step-by-Step Guide

To object to an NRS tax assessment in Nigeria, file a written Notice of Objection within 30 days of being served with the assessment. If you neither pay nor object in tha…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

September 28, 2026

Is Interest Income on Treasury Bills Taxable in Nigeria? What a N2.03bn Tribunal Ruling Means

Is interest income on treasury bills taxable in Nigeria? Mostly, yes. Nigeria's Tax Appeal Tribunal ruled this month that a company owes roughly N2.03 billion in company…

DODr. Okey Okoro Udo

6 min read

World Tax Watch

September 25, 2026

What Happens If You Miss the NRS E-Invoicing Deadline in Nigeria? A Real Case Study

If you miss the NRS e-invoicing deadline in Nigeria, you face a ₦200,000 fine per unvalidated invoice, a 100% surcharge on the tax due, interest at the Central Bank's Mon…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 24, 2026

Does the Nigeria Tax Act 2025 Tax All Your Bank Transfers? Myth vs Fact

No, the Nigeria Tax Act 2025 does not tax all bank transfers, and the government cannot automatically debit your account for it. Section 3 of the Act limits taxation to p…

DODr. Okey Okoro Udo

6 min read

World Tax Watch

September 23, 2026

CBN Interest Rate Cut to 23%: What It Means for Nigerian Businesses

The Central Bank of Nigeria cut its benchmark Monetary Policy Rate by 350 basis points to 23% on 22 September 2026, the sharpest single reduction since December 2006. For…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 22, 2026

How to File Company Income Tax in Nigeria on Rev360: A Step-by-Step 2026 Guide

To file Company Income Tax in Nigeria on Rev360, log in to Self-Tax Filing, update your Fixed Assets Portal, make any required MNE/CFC disclosures, complete the CIT Excel…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 21, 2026

Nigeria Tax Law Review 2026: What the Six-Week Fiscal Policy Review Means for Your Business

Yes, Nigeria's government has opened a formal, time-bound review of its 2025 tax reform laws. On 17 September 2026, Finance Minister Taiwo Oyedele gave a new Technical Su…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 18, 2026

Does Withholding Tax Apply to Freight Payments to Foreign Shipping Lines in Nigeria? A ₦680 Million Lesson

No, freight paid to a foreign shipping line for cargo loaded in Nigeria is not subject to ordinary withholding tax. Under Section 18 of the Nigeria Tax Act 2025, that inc…

DODr. Okey Okoro Udo

6 min read

World Tax Watch

September 17, 2026

Are Free Zone Companies Really Tax-Exempt in Nigeria?

No. Free zone tax exemption in Nigeria is no longer automatic or unlimited. Under the Nigeria Tax Act 2025, effective 1 January 2026, a Free Zone Enterprise keeps its ful…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 16, 2026

How Are Nigeria's Biggest Companies Cutting Corporate Debt in 2026?

How are Nigeria's biggest companies cutting corporate debt in 2026? The 19 non-financial companies on the NGX 30 index reduced their combined debt by ₦1.5 trillion in the…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 15, 2026

How Long Should You Keep Tax Records in Nigeria? A 2026 NRS Compliance Guide

Nigerian businesses must generally keep tax records for six years from the end of the relevant tax year, because that is how far back the Nigeria Revenue Service (NRS) ca…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 14, 2026

Why Has Nigeria's Tax Revenue Jumped 113% in 2026, and What Does It Mean for Your Business?

Why has Nigeria's tax revenue jumped in 2026? The Nigeria Revenue Service (NRS) collected ₦27.1 trillion between January and July 2026, a 113% increase on the roughly ₦12…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

September 11, 2026

Why Is My Nigeria Tax Clearance Certificate Delayed? A ₦38 Million WHT Credit Lesson

A Nigeria Tax Clearance Certificate is delayed, in most of the cases we see, because withholding tax (WHT) credits shown on a company's returns were never validated by th…

DODr. Okey Okoro Udo

6 min read

World Tax Watch

September 10, 2026

Nigeria's Small Company Tax Exemption 2026: Does It Mean You Don't Have to File Returns?

No, Nigeria's small company tax exemption under the Nigeria Tax Act 2025 does not excuse a business from filing returns. It waives Companies Income Tax and the 4% Develop…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

September 9, 2026

IFRS 18 in Nigeria: What Changes in 2027, and How Should CFOs Prepare Now?

IFRS 18 becomes mandatory for Nigerian companies' annual reporting periods beginning 1 January 2027, replacing IAS 1 with a far stricter structure for the income statemen…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 8, 2026

How to File VAT Returns in Nigeria on Rev360: A Step-by-Step 2026 Guide

To file a VAT return in Nigeria on the Rev360 portal, log in to the Self-Tax Filing menu, download the standardised Excel VAT template for the period you owe, enter your…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 7, 2026

What Is Nigeria's New Tax Harmonisation Law, and Does It Really End Multiple Taxation?

Nigeria's tax harmonisation law consolidates more than 50 separate state and local government levies into nine standardised tax heads, replacing years of overlapping, dup…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 4, 2026

Is NGO Income Taxable in Nigeria Under the 2025 Tax Act? One Abuja Non-Profit's ₦42 Million Wake-Up Call

Yes. Under Nigeria's Tax Act 2025, a non-governmental organisation's income from consultancy fees, training programmes, rental property or investments is taxable, even th…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 3, 2026

Does a Clean Audit Report Mean Your Company Is Fraud-Free in Nigeria?

No. A clean, or "unqualified," audit opinion does not mean a Nigerian company is free of fraud. Under international auditing standards, a statutory audit gives reasonable…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 2, 2026

How Can Nigerian Businesses Use Commercial Paper to Cut Working Capital Costs in 2026?

Commercial paper (CP) lets creditworthy Nigerian companies borrow short-term working capital directly from investors at roughly 19%-26% a year, well below the 25%-46% tha…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

September 1, 2026

How to Calculate PAYE Under Nigeria's New Tax Bands in 2026: A Step-by-Step Guide

Nigeria's Pay As You Earn (PAYE) tax has run on a new six-band structure since 1 January 2026 under the Nigeria Tax Act (NTA) and Nigeria Tax Administration Act (NTAA): t…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 31, 2026

Is Stamp Duty Still Deducted From Contractor Payments in Nigeria?

Is stamp duty still deducted from contractor payments in Nigeria? No. As of a 15 June 2026 circular from the Office of the Accountant-General of the Federation, governmen…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

August 28, 2026

Nigeria's E-Invoicing Deadline for Medium Businesses: How One Supplier Kept a ₦620 Million Contract

What is Nigeria's e-invoicing deadline for medium businesses? Medium taxpayers, companies with annual turnover between ₦1 billion and ₦5 billion, went live on the Nigeria…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

August 27, 2026

Can NRS Deduct Money From Your Bank Account Without a Court Order in Nigeria?

No. The Nigeria Revenue Service does not need a court order to take money from your company's bank account. Under Section 60 of the Nigeria Tax Administration Act 2025, o…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 26, 2026

Why Is Nigeria's Interest Rate Still High in 2026? What It Means for Your Cost of Capital

The Central Bank of Nigeria left its policy rate at 26.5% in July 2026, the third meeting in a row without a cut. Inflation is falling, but the CBN weighed that against r…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

August 25, 2026

How to Claim a Withholding Tax Credit in Nigeria: A Step-by-Step 2026 Guide

You claim a withholding tax (WHT) credit in Nigeria by collecting the WHT credit note from whoever deducted the tax, reconciling it against your invoices, and offsetting…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 24, 2026

What Is Nigeria's New Deep Offshore Oil Tax Incentive Order? Inside the $50 Billion Bet

Nigeria's new Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 replaces more than a decade of one-off, project-by-project tax negotiations with a…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 24, 2026

What Is the UN's "Pay-Where-You-Play" Tax Plan, and What Could It Mean for Nigeria?

What is the UN's "pay-where-you-play" tax plan? It is a proposed rewrite of the century-old rules that let multinational corporations book profits largely wherever they c…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

August 21, 2026

What Replaced Nigeria's Pioneer Status Tax Incentive? One Agribusiness's ₦180 Million Wake-Up Call

What replaced Nigeria's Pioneer Status tax incentive? Since 10 November 2025, the Nigeria Revenue Service stopped accepting new Pioneer Status applications, and the Niger…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 20, 2026

Can You Claim Input VAT on Services in Nigeria? The Myth That's Now Costing Businesses Real Credits

Yes. Since 1 January 2026, Nigerian businesses can claim input VAT on services and fixed assets, not just raw materials. The Nigeria Tax Act 2025 replaced a rule that, fo…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 19, 2026

What Does Nigeria's Falling Inflation Mean for Your Business Budget in 2026?

Nigeria's headline inflation fell to 15.43% in July 2026, its second straight monthly decline, according to the National Bureau of Statistics. But what Nigeria's falling…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 18, 2026

How to Prepare for NRS E-Invoicing Compliance in Nigeria Before Enforcement Arrives

To prepare for NRS e-invoicing compliance in Nigeria, confirm which turnover band your business falls into, onboard an NRS-accredited Access Point Provider or Systems Int…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 17, 2026

Why Is Nigeria's Tax Revenue Rising in 2026? Inside the ₦27.1 Trillion Surge

Nigeria's tax revenue is rising in 2026 because digital enforcement, not new tax rates, is closing the country's collection gap. The Nigeria Revenue Service (NRS) collect…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

August 14, 2026

Who Pays Nigeria's New 4% Development Levy? A Construction Firm's ₦100 Million Wake-Up Call

Who pays Nigeria's Development Levy? Every company chargeable to tax under the Nigeria Tax Act 2025 whose annual turnover exceeds ₦100 million owes a flat 4% charge on as…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 13, 2026

Is Nigeria's Tax System Becoming More Transparent? What the 2025 Reforms Fixed, and What They Left Out

Yes, but only in one direction. Nigeria's four tax reform Acts, effective 1 January 2026, have transformed how much the Nigeria Revenue Service can see about the average…

DODr. Okey Okoro Udo

7 min read

World Tax Watch

August 13, 2026

Are NGOs Automatically Tax-Exempt in Nigeria? The Myth Costing Nonprofits Their Status

No. Tax exemption for NGOs, charities, and religious organisations in Nigeria is not automatic and not permanent. It must be earned through registration under Part F of t…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 12, 2026

Should Nigerian Businesses Park Idle Cash in Treasury Bills in 2026?

Yes. With Nigeria's benchmark interest rate held at 26.5% and money-market yields running 18 to 22%, moving idle naira out of a zero-interest current account and into tre…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 11, 2026

How to Prepare for an NRS Tax Audit in Nigeria: A Step-by-Step Checklist

To prepare for an NRS tax audit in Nigeria, organise six years of sales, purchase, payroll and bank records now, reconcile every VAT and PAYE return against your accounts…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 10, 2026

How Is Cryptocurrency Taxed in Nigeria in 2026? Inside the New NRS Virtual Asset Guidelines

How is cryptocurrency taxed in Nigeria in 2026? Under the Nigeria Revenue Service's new Guidelines on the Taxation of Virtual Assets, released on 3 August 2026, individua…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

August 7, 2026

Nigeria Transfer Pricing Penalty: How One Oil & Gas Firm Avoided a ₦10 Million Fine

What is the transfer pricing documentation penalty in Nigeria? Under the Income Tax (Transfer Pricing) Regulations 2018, a company that fails to produce transfer pricing…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 5, 2026

What Is IFRS 18, and When Does It Take Effect in Nigeria?

IFRS 18, the International Accounting Standards Board's new standard for presenting and disclosing financial statements, takes effect in Nigeria for reporting periods beg…

DODr. Okey Okoro Udo

5 min read

Public Finance

August 4, 2026

Overlapping Budgets in Nigeria: Legal Boundaries, Economic Consequences and the Future of Fiscal Governance

Nigeria's public finance system rests on a simple principle: each financial year should be governed by a single approved Appropriation Act. Yet recent fiscal developments…

MRMrs Racheal Okoeguale, ACA

5 min read

World Tax Watch

August 4, 2026

How to File VAT Returns in Nigeria in 2026: A Step-by-Step Compliance Guide

To file a VAT return in Nigeria, a business must charge VAT at 7.5% on taxable supplies, capture input VAT from valid e-invoices, complete the NRS return for the month ju…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

August 3, 2026

What Is the NRS E-Invoicing Penalty in Nigeria? Enforcement Begins as ₦200,000-Per-Invoice Fines Take Effect

The NRS e-invoicing penalty in Nigeria is a ₦200,000 fine per unvalidated invoice, a 100% surcharge on any unpaid tax, interest at the Central Bank's Monetary Policy Rate…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

July 31, 2026

What Happens If You Miss the NRS E-Invoicing Deadline? Inside One Lagos Trading Firm's 96-Hour Scramble

Miss the NRS's 31 July 2026 e-invoicing deadline and your business faces enforcement action, statutory penalties, and possible disruption to input VAT reconciliations and…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

July 30, 2026

Do Small Companies Still Need to File Tax Returns in Nigeria? The Myth Costing SMEs ₦100,000 a Month

Do small companies still need to file tax returns in Nigeria? Yes, and this is the myth costing Nigerian SMEs real money in 2026. The Nigeria Tax Act 2025 exempts qualify…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

July 29, 2026

Nigeria's Receivables Financing Bill 2026: What the New Factoring Law Means for Your Cash Flow

Nigeria's Receivables Financing Bill 2026, passed by the Senate on June 10 and now awaiting President Bola Tinubu's assent, will let any business convert unpaid invoices…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

July 28, 2026

The 10X Rule in Tax Planning: Why Average Effort Produces Expensive Results

The 10X Rule, popularised by Grant Cardone, holds that extraordinary results require targets set ten times higher and effort ten times greater than what feels reasonable.…

DODr. Okey Okoro Udo

6 min read

World Tax Watch

July 28, 2026

Nigeria Tax Act 2025 PAYE Compliance Checklist: A Mid-Year Payroll Audit Guide for Employers

A Nigeria Tax Act 2025 PAYE compliance checklist should cover six things: the new tax bands, the removal of the Consolidated Relief Allowance, the rent relief that replac…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

July 27, 2026

The Global Tax Toolkit: Every Major Tax Your Business Will Meet, and Why It Matters

Wherever a business earns, spends, hires, owns or trades, a tax usually attaches to the activity. Tax systems differ widely between countries, but nearly all of them draw…

DODr. Okey Okoro Udo

8 min read

World Tax Watch

July 27, 2026

Nigeria's Tax Revenue Hit ₦21.6 Trillion in H1 2026: What the 51% Jump Means for Your Business

Nigeria's tax revenue reached ₦21.6 trillion in the first half of 2026, a roughly 51% jump from ₦14.27 trillion in H1 2025, according to the Nigeria Revenue Service (NRS)…

DODr. Okey Okoro Udo

4 min read

Leadership

July 26, 2026

The Three Circles of Leadership: Why Great Leadership Starts With Self-Leadership

Most leadership failure comes from a leader who was never led, beginning with himself, not from strategy. I have spent much of my working life inside the books of Nigeria…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

July 24, 2026

Do Nigerian NGOs Still Need a Tax Exemption Certificate? A Case in Point

Do Nigerian NGOs still need a tax exemption certificate? No. FIRS (now NRS) stopped issuing and renewing Tax Exemption Certificates from July 2025, and under the Nigeria…

DODr. Okey Okoro Udo

5 min read

World Tax Watch

July 23, 2026

Is Withholding Tax a Final Tax in Nigeria? The Myth Costing Businesses Real Credits

Is withholding tax a final tax in Nigeria? No, for the vast majority of Nigerian businesses, withholding tax (WHT) is not a final tax. It is an advance payment on the inc…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

July 21, 2026

Operating Profit, Redefined: Why Your 2026 Accounts Are Already IFRS 18 Comparatives

Nigerian finance teams are deep in half-year reporting season, and most CFOs' attention is fixed on closing H1 2026 cleanly. But the numbers being finalised this month ha…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

July 21, 2026

Third Meeting, Same Rate: What an Expected CBN Hold Means for Your Cost of Capital

Today, July 21, 2026, the Central Bank of Nigeria's Monetary Policy Committee concludes its 306th meeting in Abuja after two days of deliberation on the benchmark Monetar…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

July 20, 2026

Eleven Days and a Shaky Platform: What NRS's July 31 E-Invoicing Deadline Means for Large Taxpayers

On July 19, 2026, the Nigeria Revenue Service issued a public notice, signed by Chairman Zacch Adedeji, giving large taxpayers, companies with gross annual turnover of ₦5…

DODr. Okey Okoro Udo

3 min read

World Tax Watch

July 19, 2026

No More Guesswork: What Two Tax Tribunal Rulings Mean for Your Next State Assessment

In two rulings featured in the Tax Appeal Tribunal's most recently reported decisions, Nigerian companies successfully overturned state tax assessments that examiners cou…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

July 18, 2026

Your Old TIN Is Retired: What Nigeria's Unified Tax ID Means for Your Bank Accounts and Contracts

On 1 January 2026, Nigeria's familiar Tax Identification Number gave way to a new, 13-digit Tax ID, issued jointly by the Nigeria Revenue Service (NRS) and the Joint Reve…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

July 17, 2026

E-Invoicing's Second Wave Lands on Mid-Market Nigeria: Protect Your VAT Credits Now

On 15 July, officials from the Nigeria Revenue Service and technology providers gathered in Lagos for a compliance breakfast session with a blunt message for the country'…

DODr. Okey Okoro Udo

4 min read

World Tax Watch

July 15, 2026

A Global Review of Taxes and What They Mean for Nigeria's Development

Every road, every hospital bed, every teacher's salary and every kilometre of fibre-optic cable begins with the same question: who pays, and how? Tax is the least glamoro…

DODr. Okey Okoro Udo

8 min read

World Tax Watch

July 12, 2026

The World Last Week: Five Global Events That Moved Nigeria, and Six Fiscal Policy Recommendations

Nigeria does not set the price of its main export, the value of its currency or the cost of its imports. The world does. Last week the world was busy. Below is what happe…

DODr. Okey Okoro Udo

6 min read

Global Minimum Tax: A Carve-Out for US Multinationals, and Why Nigeria Should Watch

World Tax Watch

July 5, 2026

Global Minimum Tax: A Carve-Out for US Multinationals, and Why Nigeria Should Watch

What happened The biggest tax project of the decade just bent. Under a "side-by-side" agreement inside the OECD/G20 Inclusive Framework, US-headquartered companies will s…

DODr. Okey Okoro Udo

2 min read

World Tax Watch

July 5, 2026

The Week in World Tax: A Minimum-Tax Carve-Out, Europe's Parcel Levy, and Africa's Digital VAT Push

A quick tour of the tax stories that moved around the world this week, and what each one means for Nigerian businesses. 1. The global minimum tax bends US-headquartered m…

DODr. Okey Okoro Udo

2 min read