Nigeria's House of Representatives Approves Tax Reform Bills

Nigeria's House of Representatives reportedly approved four tax reform bills on 18 March 2025, including the Nigeria Tax Administration Bill (HB.1756), the Nigeria Revenue Service (Establishment) Bill (HB.1757), the Joint Revenue Board Bill (HB.1758), and the Nigeria Tax Bill (HB.1759). The measures of the bills include:
- Maintaining the standard VAT rate at 7.5% instead of a proposed increase …