Nigeria Revenue Service Issues Guidelines on Income Tax and VAT Refund Claims

The Nigeria Revenue Service (NRS) recently published three new guidelines dated 29 June 2026. The guidelines take into account changes introduced by the Nigeria Tax Act (NTA) 2025 and the Nigeria Tax Administration Act (NTAA) 2025, which took effect on 1 January 2026.

Guidelines on the Withholding of Value Added Tax

These guidelines outline the obligations and compliance procedures for appointed agents, government entities, and non-resident suppliers regarding the deduction, reporting, a…