KPMG, Revenue Service Hold Talks After Dispute Over New Tax Laws

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Executives from the professional services firm KPMG Nigeria met on Monday, January 12, 2026, with the Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, following earlier public disagreements over aspects of Nigeria’s newly enacted tax reforms, the agencies said in a joint statement.

The meeting took place at the NRS headquarters and was described as a courtesy visit, signalling an effort by both parties to clarify positions and foster cooperation on the implementation of the reforms under the Nigeria Tax Act (NTA) which took effect on January 1, 2026.

The NRS said the delegation from KPMG commended Adedeji for his leadership and the timely implementation of the new tax laws, noting that “their initial apprehensions have been significantly allayed”. The delegates also affirmed that the reforms are

“both necessary and timely” and pledged their **continued professional engagement in support of effective tax administration and national economic growth.”

The meeting followed recent public criticism and counter-claims regarding perceived “gaps, errors, inconsistencies and omissions” in the new tax legislation, which KPMG highlighted in a newsletter aimed at interpreting the reforms.

In response to that critique, the Presidential Fiscal Policy and Tax Reforms Committee, chaired by Taiwo Oyedele, countered that many issues flagged by KPMG reflected misunderstandings of policy intent, analytical errors or disagreements over deliberate legislative choices, rather than substantive flaws requiring overhaul, according to official rebuttals issued earlier.

Sources familiar with the meeting said KPMG’s team sought clarity on specific provisions of the tax laws and engaged in technical discussions with the NRS to deepen understanding of the reforms and how they will be administered.

The NRS noted that enhanced clarity was a key objective of the engagement.

The NRS described the dialogue as constructive and emphasised that professional input from tax advisory firms such as KPMG is vital for sustained improvements in tax administration and compliance.

Representatives from both sides committed to continued collaboration to support effective interpretation and enforcement of the newly implemented tax framework.

Observers say the talks reflect a broader need for structured engagement between government agencies and private sector stakeholders on tax reforms that are among the most ambitious in Nigeria’s recent fiscal policy history.

Effective implementation of the reforms is expected to influence investment decisions, compliance behaviour, and revenue mobilisation ahead of broader economic and development goals for 2026 and beyond.

The meeting concluded with both parties’ expressing optimism that ongoing professional dialogue will enhance mutual understanding of the new tax regime and contribute to a smoother rollout of the reforms nationwide.

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