FG sets out rules for migration to new tax system

Sunnewsonline | 19-06-2026 02:35am |

the Federal Ministry of Finance, outline the procedures and requirements necessary for a smooth migration to the new tax system. The guidelines aim to ensure that all parties involved, including taxpayers and tax professionals, understand their responsibilities and the implications of the new Tax Acts 2025. This initiative is part of the government's broader effort to enhance tax compliance and streamline revenue collection processes in Nigeria. Stakeholders are encouraged to familiarize themselves with the new regulations to ensure a seamless transition.

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