Foreign firms reassess Nigerian tax exposure after SEP changes

Businessday | 29-05-2026 12:17am |

Foreign companies offering consulting, technical, and various remote services to clients in Nigeria are currently reevaluating their operational structures in light of recent changes to the country's tax policies regarding Significant Economic Presence (SEP). These adjustments have prompted firms to analyze their tax liabilities and compliance requirements more closely. As a result, many are considering modifications to their business strategies to mitigate potential tax exposure in the Nigerian market. This reassessment reflects the broader implications of Nigeria's evolving tax landscape on international business operations.

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