KPMG Nigeria has issued a critical advisory warning that structural flaws and ambiguities in the newly enacted Nigeria Tax Act (NTA) could deter foreign investment and trigger significant capital flight. In a report titled “Nigeria’s New Tax Laws: Inherent Errors, Inconsistencies, Gaps and Omissions,” the firm argues that the legislation, which took effect on January … Continue reading KPMG Warns New Tax Laws Could Spark Disputes And Drive Capital Flight