A lawsuit to halt the new tax rules’ implementation by January 1, 2026, was dismissed by a High Court in Abuja, the nation’s capital.
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The plaintiffs were unable to provide legal justification or irreversible injury to prevent the implementation, according to Justice Kawu, who delivered the ruling.
The Federal Inland Revenue Service (FIRS), the National Assembly, and the federal government may move forward with the Nigeria Tax Act 2025 starting on January 1, 2026, in accordance with the verdict.
Specifics later.
