ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Economy Tax

Nigeria, Netherlands Begin Renegotiation of Double Taxation Agreement

Victoria Emeto by Victoria Emeto
July 8, 2025
in Tax
0
Nigeria, Netherlands Begin Renegotiation of Double Taxation Agreement

The Federal Inland Revenue Service (FIRS) and the Kingdom of the Netherlands have officially begun the renegotiation of the Double Taxation Agreement (DTA) between both countries, marking a significant milestone in Nigeria’s evolving international tax landscape.

The renegotiation commenced at an event held at the Revenue House in Abuja, where FIRS Executive Chairman, Dr. Zacch Adedeji, hosted the Dutch delegation led by Ambassador Bengt van Loosdrecht.

In a statement released Monday, the FIRS described the move as the start of a new era in Nigeria’s international tax relations, driven by recent legal reforms aimed at modernising the nation’s tax framework.

This development follows the signing of the Tax Reform Bills into law by President Bola Tinubu in June 2025. The new laws include:

  • The Nigeria Tax Act
  • The Nigeria Tax Administration Act
  • The Nigeria Revenue Service (Establishment) Act
  • The Joint Tax Board (Establishment) Act

These Acts are intended to streamline tax collection, enhance compliance, and improve transparency across Nigeria’s tax system.

The Netherlands, one of Nigeria’s long-standing trade and investment partners, is the first foreign government to formally enter discussions to update its DTA with Nigeria under the new legal framework. The talks aim to eliminate outdated provisions, particularly those relating to double taxation, which have posed challenges to cross-border trade and investment.

Dr. Adedeji welcomed the initiative, stressing its importance in building mutually beneficial tax arrangements and aligning Nigeria’s international tax treaties with global best practices.

Tags: #DoubleTaxationAgreement#FIRS#NigeriaNetherlandsTrade#NigeriaTaxReform
Previous Post

IMF Flags Weak Social Safety Net in Nigeria Amid Ongoing Reforms

Next Post

CBN Directs Banks to Submit Capital Restoration Plans as Forbearance Regime Winds Down

Victoria Emeto

Victoria Emeto

Next Post
Banks Outline Exit Plans from CBN Forbearance as Market Reacts to Dividend Ban

CBN Directs Banks to Submit Capital Restoration Plans as Forbearance Regime Winds Down

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Tinubu Pledges Increased Funding for Key Sectors to Foster Inclusive Development

Tinubu Pledges Increased Funding for Key Sectors to Foster Inclusive Development

July 8, 2025
Banks Outline Exit Plans from CBN Forbearance as Market Reacts to Dividend Ban

CBN Directs Banks to Submit Capital Restoration Plans as Forbearance Regime Winds Down

July 8, 2025
Nigeria, Netherlands Begin Renegotiation of Double Taxation Agreement

Nigeria, Netherlands Begin Renegotiation of Double Taxation Agreement

July 8, 2025
IMF Flags Weak Social Safety Net in Nigeria Amid Ongoing Reforms

IMF Flags Weak Social Safety Net in Nigeria Amid Ongoing Reforms

July 8, 2025
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Tinubu Pledges Increased Funding for Key Sectors to Foster Inclusive Development

Tinubu Pledges Increased Funding for Key Sectors to Foster Inclusive Development

July 8, 2025
Banks Outline Exit Plans from CBN Forbearance as Market Reacts to Dividend Ban

CBN Directs Banks to Submit Capital Restoration Plans as Forbearance Regime Winds Down

July 8, 2025
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!