Specialist area IV
Tax Advisory
Nigeria's tax framework has been rewritten. We help companies plan transactions, stay compliant and respond to audits and assessments under the new Acts.
Discuss your matterUnderstanding this area
Tax considerations affect business operations, ownership structures and the cost of transactions. Incorporation, investment, asset transfers, acquisitions and restructuring can each raise different questions about reporting, liability and the availability of reliefs. These questions are best considered before the transaction is completed.
Nigeria's changing tax framework makes it important to check the rules applicable to a particular taxpayer, transaction and period. Effective tax advice links the legal analysis to the client's business records and commercial objectives, rather than assuming that an exemption or treatment available in one situation applies in every other case.
Challenges our clients face
- A transaction is priced or structured without assessing its tax implications.
- Compliance gaps or inconsistent records lead to uncertainty during an audit.
- An assessment is received and the business needs to understand its response options and applicable deadlines.
- The conditions for an incentive, exemption or relief are unclear or unsupported by sufficient documentation.
How Triax Solicitors helps
Triax Solicitors advises on the legal tax implications of corporate and property transactions, reviews compliance concerns and assists clients responding to audits and assessments. We assess the applicable framework and available documentation, explain the options, and help clients take a defensible position based on their circumstances.
Our services in this area
- 01Tax planning for companies and transactions
- 02Compliance reviews
- 03Audits and assessments
- 04Tax aspects of M&A and restructuring
- 05Incentives and exemptions
- 06Stamp duty on property and share transactions
What this means for you
- Better visibility of tax exposure when planning commercial decisions.
- More informed transaction structuring within the applicable legal requirements.
- A clearer plan for responding to enquiries, audits and assessments.
- Reduced uncertainty about the legal basis and documentation needed for a claimed tax treatment.
This overview is general information, not legal advice. Our advice and the scope of an engagement depend on your circumstances; no particular outcome is guaranteed.