TAX
NIGERIA’S 15% MINIMUM EFFECTIVE TAX RATE (METR)
A major innovation introduced by the Nigeria Tax Act (the “NTA”) is the 15% Minimum Effective Tax Rate (the “METR”), which represents a fundamental shift in Nigeria’s corporate tax framework. The METR is intended to guarantee that companies […]
LIVING ABROAD, TAXED AT HOME
For many Nigerians, moving abroad meant a clean break from Nigerian tax obligations. Once overseas, tax responsibilities were generally understood to follow income and activity, not family or property left behind. That is no longer the case. […]
AELEX Recognised in the ITR World Tax 2026 Ranking
AELEX’s reputation as one of Nigeria’s foremost tax law firms has once again been reaffirmed in the 2025 International Tax Review (ITR) World Tax Rankings.
The firm achieved Tier 1 rankings in both Tax Controversy […]
AELEX Wins Prestigious Transfer Pricing Firm of the Year (Nigeria) Award
AELEX has emerged winner of the prestigious Transfer Pricing Firm of the Year (Nigeria) Award. The announcement was made at the ITR EMEA Tax Awards ceremony in London, on 18th September 2024, celebrating the most exceptional […]
The legal Perspective ~ underscoring the current Tax Reform Bills
President Bola Ahmed Tinubu transmitted the Tax Reform Bills to the National Assembly for consideration in October 2024.
The Bills aim to promote uniform procedures for the consistent and efficient administration of tax laws, facilitating […]
Nigeria’s Withholding Tax Reforms:
Nigeria has overhauled its nearly half-century-old regime on the administration of withholding tax (WHT) with the signing of the Deduction of Tax at Source (Withholding) Regulations 2024 by the Minister of Finance.