Nigeria: Corporate Tax 2016
Tax disputes in Nigeria have been steady, and with the recent establishment of the Nigerian Tax Appeal Tribunal as the first-line adjudicator in disputes between taxpayers and authorities, the landscape is quickly developing. However, tax compliance in Nigeria remains low, and the government has stepped up efforts to make companies and individuals fulfil their tax obligations. Five lawyers make up the leading tax experts in Nigeria.
Olaleye Adebiyi at WTS Tax Legal Consulting is recommended for his “skilful handling” of tax matters, including advising on corporate structures and multi-jurisdictional tax issues for both a high-end courier company and a market-leading tobacco firm.
At Babalakin & Co, managing partner Olawale Adeola Akoni SAN is “a sharp-minded” lawyer with a “vast knowledge” of tax aspects of corporate and finance transactions.
At AÉLEX, Theophilus Emuwa is considered to be “a leading player” in tax matters in Nigeria. He has advised the foremost Nigerian firms on issues of income and petroleum profits tax issues, and provides “well-thought-out solutions” when advising his clients.
Lolade Ososami is managing partner at Abraham & Co. She is noted for her “all-round expertise” on tax issues relating to M&A transactions, oil and gas instillations and cross-border joint ventures. She is considered by her clients to be “invaluable”.
Adepetun Caxton-Martins Agbor & Segun’s Benedict Unaegbunam has a “huge breadth and depth of understanding” when it comes to tax matters in Nigeria, and has advised on the tax implications of some of the biggest investment deals in the country.